Mkango Resources (TSE:MKA) has released an update.
Mkango Resources Ltd has announced the successful commissioning of a new pilot plant by Mkango UK for the long-loop recycling of rare earth magnets, crucial for clean energy technologies and electronic devices. Funded in part by the UK government, the plant enhances the UK’s capabilities in sustainable rare earth magnet production without domestic primary resources. This advancement, using patented HPMS technology for efficient and cost-effective recycling, aligns with global efforts to secure responsible critical mineral supply chains and marks a significant step for the company’s growth in recycled rare earth market leadership.
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