Mkango’s recent £3.5m equity raise allows momentum to be maintained as the group finalises the mine development agreement for its Songwe rare earths project in Malawi and scales up rare-earth magnet recycling initiatives in the UK and Germany via its tech subsidiary’s interests. In our view, the many years of technical appraisal (including extensive metallurgical piloting) of Songwe, and the group’s exposure to innovative short-loop recycling technology, puts Mkango well ahead of many of its rar ....
