Mkango Resources Ltd - Vancouver-based mineral exploration and development company - Secures financing from European Raw Materials Alliance for the development of a rare earth separation plant in Poland. This plant will be supplied with rare earth carbonate from Mkango's Songwe Hill deposit of rare earth elements in Malawi. Mkango says the project will aid the creation of a secure supply chain option for neodymium, praseodymium, dysprosium, and terbium for the European Union.
Current stock price: 26.48 pence, up 11% in London
12-month change: up 31%
By Heather Rydings; heatherrydings@alliancenews.com
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Mkango Res (MKA)