Mkango Resources Ltd. (AIM/TSX-V: MKA) has achieved a corporate milestone with first recycled rare earth alloy production in Birmingham. The accomplishment also brings rare earth magnet manufacturing to the U.K. after a 20-year hiatus.
Chief executive Will Dawes explains the technology involved and the expansion that is to follow.
In this interview investors will learn:
- What the demand is for the product being produced at the Tyseley Energy Park
- How Mkango is going to optimise the existing process at scale and where the funding is coming from
- What the production projections for the plant are in its current form and as a fully scaled up plant
- Whether this proof of concept will this open a gateway for swift expansion in the U.K. and elsewhere
- Why the collaboration with the University of Birmingham is a lasting and mutually beneficial one
- How the HPMS recycling technology works and how it will increase shareholder value
- What the rationale is for listing some of the company assets in the U.S. while retaining a U.K. listing
Will Dawes, chief executive of Mkango Resources Ltd was interviewed for focusIR by Sarah Lowther