Mkango Resources (TSE:MKA) has released an update.
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Mkango Resources and its subsidiary Maginito, in collaboration with Inserma, are advancing the recycling of hard disk drives (HDDs) and other technologies with a new agreement aimed at optimizing pre-processing technologies for HyProMag in various regions. This innovative approach promises rapid, automated, and scalable solutions for rare earth magnet recovery, aiming to deploy numerous units across jurisdictions, thereby enhancing sustainable recycling practices and reducing carbon footprint. The technology is set to revolutionize the way hyperscale data centers and recycling companies handle end-of-life HDDs, loudspeakers, and electric motors.
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