Member Info for biffa

MKA retweeted it straight after so obviously very close.

UK/Birmingham open for business proves the concept/build/design/IP etc etc.

USA confirmation will quickly follow with Germany coming on stream later this year.

Makes the job of selling the package to the next group of countries so much easier as the design and build no how is all done. I think Birmingham has taken 10 years to get to this stage. Perhaps Canada, India and whoever else they have lined up could go from signing to production in a little over a year.

Crazy value on offer.

Looking forward to the 'first production' RNS!

Back to a joke valuation of our 3 main plays @15p.

Songwe £15M. About to SPAC for $100M+

Hypo USA. £15M Grant funding of $50M+ nailed imho.

Hypo ROW. £15M. On the cusp of production UK/Germany.

More positive news flow in the next 3 months than the last 3 years that should double the SP.

Just to say we our Polish outfit is presenting tomorrow. This is todays press from another company so perhaps MKA will release something late?

GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce that on 14 May 2025, CEO Stefan Bernstein will present the Company's Amitsoq graphite project at the EIT Raw Materials Summit in Brussels.

From 13-15 May 2025, the European Institute of Innovation and Technology for Raw Materials (EIT RM) is holding its annual Raw Materials Summit 'Race to 2030' https://eitrmsummit.com. GreenRoc has been invited to present at a closed session: 'EU Business-to-Business Event on Critical Raw Materials' with a 25min presentation followed by 20min Q&A. The session is a joint event organised by the European Commission and the Critical Raw Materials Facility which was established with the aim of bolstering Europe's supply chains, reducing dependencies and mitigating disruption risks.

Good to see James Robert Kight continuing to add to his position.

Added another 1% to 4.11%

There has been a definite volume spike in Canadian MKA trade since Tuesday along side the decent interest in Cotec.

Lets hope there is a bit of a Titanic going on over there!?

We signed to Cohen in December and they found Crown Prop very quickly in January.

Since then the REM demand space/valuation has exploded.

Pretty sure Crown Prop with their $5.7M of cash need us much more than we need them!

posted before that the usa govt should just buy/invest in songwe and now it looks like it could be the actual plan.

'trump admin plans direct investment in mining companies producing critical minerals.'

usar up 20% to $1.5b? on an idea and actual jack **** of a plan/assets.

we have a ready to go mine that has $2b+ of the stuff plus other land options waiting for the digger to arrive valued at $20m ffs.

dawes and cohen just need to do the rounds. musk/state/ white house/etc and wait for the bids to come in.

what's the point of spacland when we have la la land right in front of us.

anyone who is doing these ****ty little sells before endgame deserves to miss the party.

probably the most credible investment on aim imho that could clear the mortgage and set you up for life. when the herd arrives and we gap up again and again thank the posters on here who kept the faith.

Added a fair few on the news and pushed the bid up for you guys.

Just made Cohen & Co job a whole lot easier being able to show 100% UK Govt commitment to the project.

Fantastic news.

By association we now have 100% green light backing from the UK govt.

Expect MKA to get this news out far and wide.

always makes me laugh when i pop back from the pub to find some idiot and his mate feedco talking ****e after never posting before. long as donkey kong alongside mr mcnulty and most of the other posters.

it has taken 12 years to get to this ready stage and we will now reap the rewards.

The SUSMAGPRO project ended in 2023 and Moule reveals that, towards the end, its partners had achieved a major milestone: “Recycled magnets produced from secondary material via the patented hydrogen-processing of magnet scrap (HPMS) approach, developed by the University of Birmingham, were tested in rotors produced by ZF. The performance of these recycled magnets was nearly identical to that of virgin materials, demonstrating the feasibility of large-scale rare earth element recycling.”

David Kennedy 19h

Good to see that ZF are happy to publicise their progress and are complimentary regarding our HPMS short loop recycling, which has an extremely low Product Carbon Footprint of 2.35kg CO2e. Most of our work is development work with end users, though we are looking forward to production at our Tyseley, Birmingham, site and will prepare product data sheets on products that are important to our plans.

https://www.engineerlive.com/content/recycling-and-reusing-motor-magnets

It's pretty simple.Someone in the back office pressed send by mistake when it should have been embargoed until 7am on Tuesday!

The legal team would do a last read/sign off, correct the date etc.

The important part it is bloody good news.

About Mkango Resources Ltd.

Mkango is listed on the AIM and the TSX-V. Mkango’s corporate strategy is to become a market leader in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito Limited (“Maginito”), which is owned 79.4 per cent by Mkango and 20.6 per cent by CoTec, and to develop new sustainable sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean energy technologies.

Maginito holds a 100 per cent interest in HyProMag and a 90 per cent direct and indirect interest (assuming conversion of Maginito’s convertible loan) in HyProMag GmbH, focused on short loop rare earth magnet recycling in the UK and Germany, respectively, and a 100 per cent interest in Mkango Rare Earths UK Ltd (“Mkango UK”), focused on long loop rare earth magnet recycling in the UK via a chemical route.

Maginito and CoTec are also rolling out HPMS recycling technology into the United States via the 50/50 owned HyProMag USA LLC joint venture company.

Mkango also owns the advanced stage Songwe Hill rare earths project in Malawi and the Pulawy rare earths separation project in Poland. The Pulawy rare earths separation project has been selected as a Strategic Project under the European Union Critical Raw Materials Act. Mkango has signed a letter of Intent with Crown PropTech Acquisitions to list the Songwe Hill and Pulawy rare earths projects on NASDAQ via a SPAC Merger.

For more information, please visit www.mkango.ca

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'), which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

Ownership

HyProMag USA is owned 50:50 by CoTec and HyProMag Limited. HyProMag Limited is 100 per cent owned by Maginito Limited (“Maginito”), which is owned on a 79.4/20.6 per cent basis by Mkango and CoTec.

About HyProMag

HyProMag is commercializing Hydrogen Processing of Magnet Scrap (HPMS) recycling technology in the UK, Germany and the United States. HPMS technology was developed at the Magnetic Materials Group (MMG) at University of Birmingham, underpinned by approximately US$100 million of research and development funding, and has major competitive advantages versus other rare earth magnet recycling technologies, which are largely focused on chemical processes but do not solve the challenges of liberating magnets from end-of-life scrap streams – HPMS provides this solution.

About CoTec Holdings Corp.

CoTec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange ("TSX-V") and the OTCQB and trades under the symbols CTH and CTHCF respectively. CoTec Holdings Corp. is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec’s strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector.

For more information, please visit www.cotec.ca.

Will Dawes, Mkango CEO commented: “We are very excited to see HyProMag USA’s groundbreaking rare earth magnet recycling and manufacturing project proceed to the next stage of development. This project will make a major contribution to the creation of a more robust rare earth supply chain and a strong platform for further expansion in North America, complementing the ongoing HyProMag developments in the UK and Germany.

The detailed engineering design and value engineering phase will include the completion of sufficient engineering design works to support development of the AACE Class 2 capital cost estimate to update what was outlined in the Feasibility Study. This will also support the final site selection efforts which are to be completed in H1 2025 and allow the commencement of site permitting in line with the initial project schedule. Environment and permitting studies will be supported by U.S.-based Weston Solutions, Inc.

During this phase and prior to the NTP, HyProMag USA will aim to secure commercial arrangements with potential feed supply and product off-takers to meet ongoing financing obligations. Discussions with federal, state and municipal governments continue to progress. HyProMag USA has the potential to supply the United States with sustainable, long term domestic supply of neodymium/iron/boron (NdFeB) permanent magnets to enable the creation of secure, low carbon and traceable rare-earth supply chains.

The Feasibility Study includes the DFW Hub, and two pre-processing facilities located in South Carolina and Nevada respectively. In March 2025, HyProMag USA announced the expansion of the detailed engineering phase to include three HPMS vessels4 and that it was initiating concept studies for further expansion and complementary “Long Loop” recycling5. The DFW Hub’s annual production is expected to be 750 metric tons per annum of recycled sintered NdFeB magnets and 807 metric tons per annum of associated NdFeB co-products (total payable capacity – 1,557 metric tons NdFeB within five years of commissioning) over a 40-year operating life. It is expected the production facility will provide significant optionality to supply the U.S. market with additional NdFeB alloy powder while assisting in revitalising the U.S. magnet sector with the creation of 90-100 skilled magnet manufacturing jobs.

Also in March 2025, HyProMag USA announced the results of an independent ISO-Compliant product carbon footprint study which confirmed an exceptionally low CO2 footprint of 2.35 kg CO2 eq. per kg of NdFeB cut sintered block product6.

Cotec and Mkango Appoint Lead Engineers PegasusTSI and BBA to Perform Engineering, Procurement and Construction Management (EPCM) Services for HyProMag USA to Produce Rare Earth Magnets in the U.S.

London / Vancouver: April 22, 2024 – CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) and Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) are pleased to announce that U.S.-based PegasusTSI Inc. (“PegasusTSI”) and Canada-based BBA USA Inc. ("BBA") have been engaged to complete the HyProMag USA1, LLC (“HyProMag USA”) engineering, procurement and construction management (“EPCM”) services for HyProMag USA’s advanced stage rare earth magnet recycling and manufacturing project located in Dallas-Fort Worth, Texas (the “DFW Hub”). The award of the EPCM contract follows the November 2024 completion of the base case Feasibility Study for HyProMag USA (“Feasibility Study”), which indicated a NPV7% of US$262 million based on current market prices and US$503 million based on forecast prices.

The project will be executed over a 24-month period with the work being undertaken from the PegasusTSI Tampa office, supported by an owner’s team comprised of HyProMag Limited, CoTec and Mkango.

First revenue is targeted in H1 2027 following a Notice to Proceed (“NTP”) expected in H2 2025 following completion of the detailed engineering design and value engineering phase. HyProMag USA is initially targeting to supply 10% of U.S. domestic demand2 for NdFeB magnets within five years of commissioning the first DFW Hub.

Julian Treger, CoTec CEO commented: “The EPCM represents a significant milestone towards the construction of commercial-scale magnet recycling and production facilities, reshoring U.S. manufacturing capability and reducing dependence on foreign magnets and rare earths. Following the competitive bid process, we are looking forward to continuing to work closely with BBA and PegasusTSI to develop these facilities. As HyProMag USA progresses it will be working and collaborating with local, state and federal stakeholders. HyProMag USA is supported by the Minerals Security Partnership3, which aims to accelerate the development of diverse critical minerals supply chains in cooperation with industry and other governments to support strategic projects.”

So much content in Fridays news.

I received the email of the release at 9.15pm. It is dated 22 April 2024 but no news on the Cotec/MKA website. I can only assume someone got a bit excited, jumped the gun, and sent it out early as the date suggests it is RNS ready for Tuesday (22nd)morning (and change the 2024 to 2025!) post long weekend.

If anyone hasn't read it I will post it up in a bit.

Perfect timing as REM sector is red hot. USA build and construction now guaranteed. Numerous feed in agreements on the way. Assume grant/govt/state funding.

Road map for Canada and Japan plus others now in place bringing those timelines down to a few years once those deals are made. The UK commercial sign off in a few weeks time will unlock all of the above as they will have an effective 'bible/instruction manual to repeat everywhere.

Not difficult to see this part of MKA valued at close to $1B 2 years out if you apply $5M earnings to UK/USA/Germany/Canada/Japan + +, $25M and a market leading/growth PE of 40.

Throw in the 80/100% owned Songwe worth another $1B and you have the most undervalued company on the UK listings.

Fully expect some 3/5% holdings announcements and an Easter bun (clever!) fight to gain control before soon.

Just pointing out the obvious that we are actually up today so an even better result for the weekend.

(last nights auction took us up before anyone asks)