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The latest update is out from Mkango Resources ( (TSE:MKA) ).
Mkango Resources Ltd has signed a revised exclusive land lease agreement with Grupa Azoty Pulawy to construct a rare earths separation plant in Poland, marking a continuation of their partnership since 2021. This development, located in a Polish Special Economic Zone, is set to strengthen Europe’s supply chain for rare earths, crucial for electric vehicles and green technologies, and supports the EU’s initiatives for diversified supply chains.
More about Mkango Resources
Mkango Resources Ltd is focused on leading the market in recycled rare earth magnets, alloys, and oxides through its subsidiary Maginito Limited, and aims to develop sustainable sources of key rare earth elements like neodymium and praseodymium. The company holds interests in the HyProMag recycling business in the UK and Germany, as well as rare earth projects in Malawi and Poland.
YTD Price Performance: 43.08%
Average Trading Volume: 1,987,179
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.37M
For detailed information about MKA stock, go to TipRanks’ Stock Analysis page.
