Member Info for Jdbanzi

Seeing that RNS this morning, what a joke.

JMUK26, the 20-25tpa has always been the first target ie 2 tonnes a month, it’s been discussed a lot, this board had discussion on if they are exceedingly big this target with the doubling up of the hard drive splitter.

The key term in the RNS regarding both the GmbH and Tyseley plants is “growth.” I’m sure there was a prior RNS announcements and presentations—for the Germany project—highlighting further feasibility work tied to scaling. Given that the Germany plant is already installed (at least) the capex required should be materially lower than the initial build. In that context, a figure around £2.7m to increase throughput (tpa) looks reasonable for this application.

All the hating aside, the raise isn't to prop up the wonky leg but for increasing growth ( although not sure what the liquidity is for, guess we’ll find out that position the end of April )

The writing was on the wall when the MM marked it down all day yesterday and today even though there were double the amount of buys compared to the sells.

Jackdaw

Are you able to justify that comment is any fashion?.

From today:-

https://rareearthexchanges.com/news/china-moves-to-tighten-control-over-rare-earth-value-chain/

From the 20th:-

https://www.reuters.com/world/asia-pacific/chinas-exports-rare-earth-magnets-jump-ahead-trump-xi-meeting-2026-03-20/.

China tightening further on rare earths — same structural issue: supply concentration + export control risk. Exactly the gap Mkango / HyProMag are targeting.

SP and comms frustrating, but feels like focus is on positioning around the SPAC/US angle, which is the key catalyst.

SP still flat, but likely a mix of macro + execution (HyProMag scale-up, new facilities) + complexity of running the SPAC alongside it.

AIM gets a lot of hate, but worth remembering a large chunk of the asset base will end up US-listed, with more to follow longer term.

The key word here is substantiation.

Kat,

I’m sure almost everyone on this board can sleep tight tonight after giving up this nugget, i will.

Interesting to see that the PCB element of the recycling process have been mentioned, previously anything around this was a by product and not of interest, but the post today specifically mentions “ outputs for precious metals recover”.

My understanding was that the HPMS process recovered the Neo to a powder form and the rest of the precious metals ended up in a clump which was difficult to manage/reprocess.

Is there a different view on this now?.

Katanas, please can you keep the post relevant to the thread, instead of coming out with random statements.

Edsuk, I definitely think this shows the intension to superseded the current name plate tpa, and an indication for a meals on wheels service with regards to pre processing.

Interesting to see the current 6 and 1/2 tonnes of feed stock being processed, let’s hope this is an indication of moving past the 2t a month HPMS target.

The key part of the message is “

In response, Mkango Rare Earths Country Director Burton Kachinjika said the company is ready to start production once it receives the required licence.”

The statements I’ve seen have a slightly different rhetoric “ #Update

Parliamentary Committee on Natural Resources, Energy and Climate Change has urged Mkango Rare Earths Limited to speed up the Songwe Hill Rare Earth Project in Phalombe District.

Committee chairperson Tiaone Hendry made the call after members toured the project site to assess progress made since the company was granted an exploration licence 14 years ago, saying the pace of development is not satisfactory.

In response, Mkango Rare Earths Country Director Burton Kachinjika said the company is ready to start production once it receives the required licence.

Meanwhile, acting Principal Secretary in the Department of Mining Andrew Chisamba said the government is committed to advancing mining activities, especially key projects that can drive the country’s economic growth.

By Thumbiko Nyirongo, Phalombe

#MBCDigital

#Manthu”

Interesting article.

And look similar to the times I said we would expect news on this front a while back.

It’s also worth noting Mkango recently brought in Scott Beattie as Senior Advisor (Corporate Development and previous experience with M/A) With HyProMag already progressing build/expansion in Germany and the USA, the type of role is typically focused on developing international partnerships and strategic relationships.

Japan is one of the largest consumers of NdFeB magnets through its automotive and electronics sectors, if we get a good deal out of Japan this could make the US deal look small by comparison.

I think commissioning is largely expected now, so on its own it probably won’t transform the SP overnight — the market tends to price those milestones in ahead of time. The Tyseley pilot is a good example: technically a big step, but without commercial-scale sales yet it hasn’t really driven a sustained rerate.

That said, commissioning still matters because it derisks the technology and moves things from concept into operation. What I suspect the market really wants to see next is the commercial side — offtake agreements, customers, and clear revenue visibility.

If HyProMag starts announcing magnet sales ( maybe tidied up in the end of year report ) or partnerships with OEMs, that’s when the story shifts from “interesting tech” to an actual operating business, and that’s usually where the bigger valuation change happens.

Https://rareearthexchanges.com/news/from-scrap-to-strategic-asset-new-uk-study-shows-how-to-upgrade-recycled-rare-earth-magnets/

Edsuk, you are correct in stating GBD is an industry process but I thought they had IP rights on the phase separation which was released a few months back?