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Mkango Resources and CoTec Holdings Announce Strategic Agreement with ILS

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Mkango Resources and CoTec Holdings Announce Strategic Agreement with ILS

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Mkango Resources ( (TSE:MKA) ) just unveiled an announcement.

Mkango Resources Ltd. and CoTec Holdings Corp. have announced a significant agreement between HyProMag USA and Intelligent Lifecycle Solutions (ILS) for the supply and pre-processing of neodymium iron boron feedstock in South Carolina and Nevada. This collaboration is expected to strengthen HyProMag USA’s position in the U.S. rare earth magnet industry by securing a reliable feedstock supply, supporting the development of a sustainable, low-carbon, and traceable supply chain for rare earth elements.

More about Mkango Resources

Mkango Resources Ltd. is a company listed on the AIM and TSX-V, focusing on becoming a market leader in the production of recycled rare earth magnets, alloys, and oxides through its interest in Maginito. The company aims to develop new sustainable sources and is involved in the recycling of rare earth elements.

For an in-depth examination of MKA stock, go to TipRanks’ Overview page.

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