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The latest announcement is out from Mkango Resources ( (TSE:MKA) ).
Mkango Resources Ltd has released its Q3 2025 financial results, highlighting a cash position of US$2 million and a successful equity raise of £3 million post-quarter. The company has achieved its first commercial sales of recycled NdFeB alloy powder from its UK operations and is planning phased expansions in the UK, Germany, and the USA to increase production capacity. Mkango is also advancing its rare earth projects in Malawi and Poland, with a significant funding agreement secured for the Songwe Hill project. These developments position Mkango as a growing player in the rare earth magnet recycling industry, with implications for increased market share and stakeholder value.
More about Mkango Resources
Mkango Resources Ltd is a company operating in the rare earth elements industry, focusing on the recycling and manufacturing of neodymium iron boron (NdFeB) magnets. The company is engaged in projects across the UK, Germany, and the USA, with a market focus on expanding its production capabilities and establishing a global presence in rare earth magnet recycling.
Find detailed analytics on MKA stock on TipRanks’ Stock Analysis page.