The appointment of EPCM contractors is a significant milestone on HyProMag USA’s project development path. Subject to the outcome of detailed engineering and thereafter securing construction funding (for which the project’s JV partner is responsible), first revenue could be achieved in H1 2027. With its more advanced HyProMag project in the UK set for commercial production around mid-2025 and its German counterpart following later in the year, Mkango is on the cusp of emerging as a new supplier ....

22 Apr 2025
HyProMag USA advances with award of EPCM contract

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HyProMag USA advances with award of EPCM contract
Mkango Resources Ltd. (MKA:LON) | 16.5 0.1 2.3% | Mkt Cap: 54.0m
- Published:
22 Apr 2025 -
Author:
Nick Chalmers -
Pages:
2 -
The appointment of EPCM contractors is a significant milestone on HyProMag USA’s project development path. Subject to the outcome of detailed engineering and thereafter securing construction funding (for which the project’s JV partner is responsible), first revenue could be achieved in H1 2027. With its more advanced HyProMag project in the UK set for commercial production around mid-2025 and its German counterpart following later in the year, Mkango is on the cusp of emerging as a new supplier ....