Songwe Hydroelectric Power Station

Mkango Announces Results for Quarter and Year Ending December 2021

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목요일, 4월 28, 2022
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LONDON and VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce its results for the quarter and year ended December 31, 2021.

Key Points: 
  • LONDON and VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce its results for the quarter and year ended December 31, 2021.
  • Highlights for the three months ended December 31, 2021, include:
    The Feasibility Study for Songwe is expected to be completed in the second quarter of 2022.
  • The plant is expected to bring significant benefits to Mkango including higher value-added products with increased margins and greater marketing flexibility.
  • The Company had cash of $4,446,850 at December 31, 2021 compared to $6,248,132 at September 30, 2021 and $4,924,567 at December 31, 2020.

Mkango Commences Final Stage of Hydrometallurgy Piloting for the Songwe Hill Rare Earths Project in Malawi

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화요일, 12월 14, 2021
Neodymium magnet, European Union (Withdrawal) Act 2018, Praseodymium, Ownership, Cold Hands, Warm Heart, Metal, Feasibility study, Growth, Nature, Market abuse, Light, National, GLOBE, Union, Nitrogen, News, Wind, Dysprosium, COVID-19, Gas oil separation plant, MKA, Terbium, Intention, Area studies, Phrase, Company, RSA, Comment, Mchinji, Neodymium, Democracy, National Instrument 43-101, Technology, Project, Rare-earth element, Renewable energy, Songwe Hydroelectric Power Station, EU, Recycling

LONDON and VANCOUVER, British Columbia, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce the commencement of the final stage of hydrometallurgy pilot plant test work for the Songwe Hill Rare Earths project in Malawi (“Songwe” or the “Project”). Design and engineering studies by lead engineer SENET (a DRA Global Group Company) are nearing completion, with the Songwe Feasibility Study targeted for the first quarter of next year.

Key Points: 
  • The piloting of the hydrometallurgy processing flowsheet is an integral part of the Feasibility Study and a critical step towards commercialisation of the Songwe project.
  • This integrated Mine, Refine, Recycle strategy differentiates Mkango from its peers, uniquely positioning the Company in the rare earths sector.
  • Mkango is developing Songwe Hill in Malawi with a Feasibility Study targeted for completion in Q1 2022.
  • Mkango also has an extensive exploration portfolio in Malawi, including the Mchinji rutile exploration project, the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.