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  2. Share Prices
  3. Mkango Res Share Price
  4. Mkango Res Share News
  5. IN BRIEF: Mkango eyes HyProMag feasibility study completion this year

Pin to quick picksMkango Res Share News (MKA)

Mkango Res Information

Share Price Information for Mkango Res (MKA)

London Stock Exchange
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Share Price: 7.10
Bid: 6.70
Ask: 7.50
Change: 0.15 (2.16%)
Spread: 0.80 (11.94%)
Open: 6.85
High: 7.10
Low: 6.75
Prev. Close: 6.95
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IN BRIEF: Mkango eyes HyProMag feasibility study completion this year

Mon, 11th Mar 2024 15:01

Mkango Resources Ltd - rare earth metals explorer - Says BBA USA Inc and PegasusTSI Inc have been engaged to complete a feasibility study for the HyProMag USA asset. The study concerns the engineering and design of a rare earth element magnet recycling facility. "The feasibility study is expected to be completed during H2 2024. HyProMag USA has the potential to supply the US with a sustainable, long term domestic supply of neodymium/iron/boron permanent magnets to enable the creation of secure, low carbon and traceable rare-earth supply chains," it says. Mkango owns around 79% of Maginitom which in turn owns all of HyProMag. Toronto-listed CoTec Holdings Corp owns around 21% of Maginitom.

Current Mkango stock price: 6.15 pence, up 0.8% in London on Monday

12-month change: down 51%

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
30 Nov 2020 15:40

IN BRIEF: Mkango Resources Venture Gets UK Grant For Recycling Magnets

IN BRIEF: Mkango Resources Venture Gets UK Grant For Recycling Magnets

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30 Nov 2020 09:07

Mkango investment HyProMag gets grant for magnet recycling project

(Sharecast News) - Mkango Resources announced on Monday that HyProMag and its partners, European Metal Recycling and the University of Birmingham have been awarded a grant from the Industrial Strategy Challenge Fund, delivered by UK Research and Innovation, for a new project, 'Rare-Earth Extraction from Audio Products', or 'REAP'.

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3 Nov 2020 15:57

UK TRADING UPDATE SUMMARY: Creo Makes Up To EUR5 Million Acquisition

UK TRADING UPDATE SUMMARY: Creo Makes Up To EUR5 Million Acquisition

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3 Nov 2020 10:19

Mkango begins drilling and sampling programme at Mchinji

(Sharecast News) - Mkango Resources announced the start of an extensive hand-auger drilling and soil sampling programme on Tuesday, to identify rutile prospects within its 869 square kilometre Mchinji licence, EPL 0544/19, in Malawi's Mchinji district.

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15 Sep 2020 11:42

Mkango Hails New Discoveries At Mchinji Asset In Malawi

Mkango Hails New Discoveries At Mchinji Asset In Malawi

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28 Aug 2020 14:43

Mkango Says Malawi Government Satisfied With Songwe Work; Loss Widens

Mkango Says Malawi Government Satisfied With Songwe Work; Loss Widens

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3 Jun 2020 17:00

UK EXECUTIVE CHANGE SUMMARY: Dialight Hires Coats Group Exec As CFO

UK EXECUTIVE CHANGE SUMMARY: Dialight Hires Coats Group Exec As CFO

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29 Apr 2020 18:58

Mkango Reports Narrowed Annual Net Loss On Lower Costs

Mkango Reports Narrowed Annual Net Loss On Lower Costs

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31 Mar 2020 18:31

UK TRADING UPDATE SUMMARY: Softcat Cancels Interim Dividend Payout

UK TRADING UPDATE SUMMARY: Softcat Cancels Interim Dividend Payout

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31 Mar 2020 16:41

Mkango Resources 'working proactively' amid pandemic

(Sharecast News) - Mkango Resources updated the market in response to the Covid-19 coronavirus pandemic on Tuesday, and on timing for completion of the ongoing feasibility study for the 51%-owned Songwe Hill rare earths project in Malawi.

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12 Feb 2020 15:11

Mkango Resources reports results from recent Thambani exploration

(Sharecast News) - Mkango Resources announced results from its recent mineral exploration programme at the Thambani project in southern Malawi on Wednesday, reporting that assay results from 128 rock samples collected during the 2019 exploration programme returned uranium, tantalum and niobium values ranging up to 0.74% triuranium octoxide, 0.41% tantalum pentoxide and 3.24% niobium pentoxide.

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12 Feb 2020 09:51

Mkango Still Exploring Thambani Options As It Extends Mineralisation

Mkango Still Exploring Thambani Options As It Extends Mineralisation

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10 Jan 2020 13:10

Mkango subsidiary buys into UK magnet recycling firm HyProMag

(Sharecast News) - Mkango Resources announced on Friday that its subsidiary Maginito has completed the acquisition of an initial 25% interest in HyProMag - a private, UK-based company focussed on rare earth magnet recycling, as it initially announced on 23 September.

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10 Jan 2020 11:02

Mkango Resources Subsidiary Maginito Acquires 25% Interest In HyProMag

Mkango Resources Subsidiary Maginito Acquires 25% Interest In HyProMag

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7 Jan 2020 11:16

Mkango Resources Hires Tim Slater Of Harmer Slater As Interim CFO

Mkango Resources Hires Tim Slater Of Harmer Slater As Interim CFO

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