Member Info for ajc2

Https://m.youtube.com/watch?v=GjpL_BtOTao&pp=ygUOQ290ZWMgaG9sZGluZ3M%3D

It says a lot about the UK/EU that things are quiet on this side, as governments drag their heels and talk, talk, talk.

Whereas the US talk, then walk pretty quickly, moving at speed to create/build an industry and get deals done.

We're fortunate to be present in so many geographies with mining, refining and recycling.

If we were just UK/EU focussed, I certainly wouldn't be as invested as I am!

It's called PR. Some companies may use things like the Critical Minerals Strategy release as a basis to promote their business/inform investors. Look back at Mkango RNS's and this is what they previously did, although nowadays an update in Q3 results more likely

Would be nice, but maybe they will just provide a more comprehensive update in the Q3 results seeing as we are close now.

Any sign of the Cotec presentation anywhere?

SG - Yes I'm sure things are being worked in the background, just personally a little surprised at pace and comms. I think it's fair to say a few people on here have been expecting Mkango to be included in DOD deals, Canada etc. already.

Like I've also said before, it does feel there is a build up before unleashing news.

Julian has been very informative so looking forward to his next presentation for Hypromag US updates.

Https://m.miningweekly.com/article/ionic-rare-earths-advances-us-magnet-recycling-footprint-through-missouri-mou-2025-11-10

Looks like Ionic are moving forward in US.

We are seeing many other companies sign deals/get significant funding so we need to see Mkango start converting some of these discussions into deals/agreements. Will and Alex and team have done a great job so far, but need to move to the next level commercially. We are so advanced with Hypromag compared to others I'm a little surprised at the lack of newsflow recently, but I know this all takes time.

On the Cotec / Hypromag USA side, they have ordered 3 x Inserma pre-processing units, and Julien has been pictured sat at the table with the big players, should definetly be something brewing there if they are starting to outlay money

We're seeing other REE companies strike deals, and Mkango needs to start signing some deals, but with the PR from Mkango and Cotec, it feels like there is a build up and we just need to leave the starting blocks. I feel like there will be lots of news flow in a short space of time.

Mkango MKAR NASDAQ listing, Hypromag Gmbh production, Hypromag US deals (they haven't purchased 3 x Inserma units for no reason!), Hypromag UK full commision and off take deals I.e. GKN, Hypromag Japan, Korea etc, many supply and off take agreements, Government deals etc. Plus some things I'm sure I've missed. Lots to look forward to with a little more patience

On this issue the MDA states that Mkango have worked closely with Malawi Gov and will have value added operations in country (see past posts), so don't see any issue.

If anyone thinks Board comms should be improved then suggest contacting the company directly to discuss. Won't do any harm, but think they are just highly focussed on building the business.

Alexander Lemon, President of Mkango stated: “We are very pleased to announce this major milestone for the

Company and the nation of Malawi. I am delighted that the MDA has been agreed and signed with the

Government of Malawi. The Project when developed, is expected to be a game changer and transformational

for Malawi and Mkango welcomes the very strong support it is receiving from the Government of Malawi and

all stakeholders. When developed, my hope is that Songwe Hill will catalyse a new industrial revolution in Malawi,

creating employment opportunities ,producing high value-added exports, as well as further unlocking Malawi’s

mineral potential and new infrastructure developments.”

Just a reminder of the MDA:

Hon. Minister Monica Chang’anamuno MP, Minister of Mining for Malawi stated “The signing of the MDA

marks a momentous and significant occasion in the history of Malawi's mining sector. It is with great pride and

optimism that we sign the MDA between the Government of Malawi and Lancaster Exploration Limited (Mkango)

paving the way to start mining Rare Earths at Songwe Hill in Phalombe.

The MDA signed by the Government of Malawi is a product of almost two years of hard work. I would like to

thank the team at Mkango for their positive partnership spirit during the negotiation period. This Agreement is

not just a contractual obligation; it symbolizes a renewed partnership, a commitment to sustainable

development, and a shared vision for a prosperous future for both parties. The journey to this has been marked

by diligent negotiations, mutual respect, and a deep understanding of the potential that lies beneath our feet.

The conclusion and signing of this MDA is a testament to what can be achieved when we work together with a

common purpose. It will ensure that the benefits of our mineral wealth are shared equitably and that our

environmental and social responsibilities are upheld. The MDA we have signed today is a win-win agreement and

is based on the belief that Government, the mining investor and Malawians share some fundamental interests

of benefitting from these future mining activities. On behalf of the Malawi Government I would like to take this

opportunity to assure the investors that the Government will adhere to its obligations reflected in this MDA.

I would like to reiterate Government’s commitment in ensuring that it provides requisite infrastructure to

support the mining activities at Songwe Hill and the country in general. The future mining operations at Songwe

Hill in Phalombe will have far-reaching impacts on our economy. As we are all aware mining represents the hopes

and dreams of the Malawian people for economic growth, wealth and job creation in line with Vision 2063 and

the Agriculture, Tourism and Mining (ATM) Strategy championed by His Excellency the President Dr Lazarus

McCarthy Chakwera.

To the management team at Lancaster Exploration Limited (Mkango) I would like to thank you for your

unwavering commitment to Malawi. Together, we are not just signing an agreement; we are embarking on a

journey towards a brighter, more prosperous future for Malawi. Let this be a shining example of what can be

achieved through partnership, perseverance, and a shared vision for a better tomorrow.”

This was published in May 2025, so the executive order isn't exactly out of the blue:

"Ng’oma also pledged to introduce tougher laws to regulate the mining sector, ensuring that investors add value to Malawi’s minerals locally rather than exporting raw materials".

https://www.maraviexpress.com/malawi-to-overhaul-mining-sector-with-new-laws-and-technology/

From Mkango's corporate presentation:

"Beneficiation, hydrometallurgical and acid plants to be located in Malawi"

Looks value added processing based in Malawi to me

Some investors aren't rational. The below is always good to read once in a while to remind us of this!

This is a story that Buffet says was told to him by his mentor, Ben Graham.

“Let me tell you the story of the oil prospector who met St. Peter at the Pearly Gates.

When told his occupation, St. Peter said, “Oh, I’m really sorry. You seem to meet all the tests to get into heaven. But we’ve got a terrible problem. See that pen over there? That’s where we keep the oil prospectors waiting to get into heaven. And it’s filled—we haven’t got room for even one more.”

The oil prospector thought for a minute and said, “Would you mind if I just said four words to those folks?”

“I can’t see any harm in that,” said St. Pete.

So the old-timer cupped his hands and yelled out, “Oil discovered in hell!” Immediately, the oil prospectors wrenched the lock off the door of the pen and out they flew, flapping their wings as hard as they could for the lower regions.

“You know, that’s a pretty good trick,” St. Pete said. “Move in. The place is yours. You’ve got plenty of room.”

The old fellow scratched his head and said, “No. If you don’t mind, I think I’ll go along with the rest of ’em. There may be some truth to that rumor after all.”

Post from the CEO of Groundwaves. Hypromag magnets designed into their product, whatever a haptic sneaker is ?!

https://www.linkedin.com/posts/nickinoue_groundwaves-sustainability-innovation-activity-7386042693170401280-L1kk?utm_source=share&utm_medium=member_android&rcm=ACoAAB0rMT0BuhdrkVfwrKBHr_5lV4ZSLpnT--4

Been tempted with Cotec but had no spare cash. Where can you buy Cotec?

Shareinthis, my comment was not related to you, the spam post it was related to has since been reported /deleted

I've been invested for a long time so going nowhere!

Go back to your own board and keep this related to MKA

Do you have the source for pending company announcement, I can only see pending company contact. Have Mkango confirmed a pending announcement? Fingers crossed!