Mkango Resources Ltd (AIM/TSX-V:MKA) announced the release of its financial statements and management’s discussion and analysis for the three months ended March 31, 2026.
The reports are available on SEDARplus and the company’s website.
The company is listed on AIM and TSX-V. Mkango holds a 79.4% interest in Maginito Limited, focused on rare earth magnet recycling. CoTec Holdings Ltd owns the remaining 20.6%.
Maginito owns 100% of HyProMag Limited and 90% of HyProMag GmbH, operating rare earth magnet recycling facilities in the UK and Germany. Maginito also owns 100% of Mkango Rare Earths UK Ltd, focusing on chemical recycling. Maginito and CoTec jointly own HyProMag USA as a 50/50 venture.
Mkango owns 100% of the Songwe Hill rare earths project in Malawi and the proposed Puławy separation plant in Poland. Both are designated as Strategic Projects under the EU Critical Raw Materials Act.
The Songwe project received $4.6 million in reimbursable funding from the U.S. International Development Finance Corporation for front-end engineering and design.
Mkango signed a business combination agreement with Crown PropTech Acquisitions to list Songwe Hill and Puławy on NASDAQ via a SPAC merger under Mkango Rare Earths Limited.
The company focuses on rare earth materials used in electric vehicles, wind turbines, and clean energy technologies.
