Mkango Resources (TSE:MKA) has released an update.
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Mkango Resources Ltd. announces its participation in the GREENE project, funded by the European Commission, to re-engineer rare earth permanent magnets for greater efficiency and performance in the green energy sector. HyProMag GmbH, a subsidiary of Mkango’s Maginito Limited, will receive €350,125 for advancing its environmentally friendly NeoLeach technology for magnet recycling. The project aims to enhance magnet strength and resistance to demagnetization, contributing to a more sustainable future.
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