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Mkango Resources Ltd. (MKA.V)
TSXV - TSXV Real Time Price. Currency in CAD
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First human to post here in 2 years. I got a small position.
Mkango Resources Ltd. (AIM/TSX-V: MKA) (the 'Company' or 'Mkango') is pleased to announce that Mkango and Grupa Azoty Zakady Azotowe 'Pulawy' S.A. have agreed to work together towards development of a rare earth separation plant (the 'Plant') in Poland. A new Polish wholly owned subsidiary of Mkango, Mkango Polska, has been established and a highly experienced Country Director for Poland, Dr Jarosaw Pczek, has been appointed, together with rare earth separation experts, Carester, and a strong team of technical advisors and engineers.
Grupa Azoty PULAWY (Warsaw Stock Exchange: ZAP) is part of The Grupa Azoty Group, the European Union's second largest manufacturer of nitrogen and compound fertilizers, and a major chemicals producer. Its products are exported to over 20 countries around the world, including Europe, the Americas and Asia.
The Parties have signed an exclusive lease option agreement for a site adjacent to Grupa Azoty PULAWY's large scale fertilizer and chemicals complex at Pulawy in Poland, which provides excellent infrastructure, access to reagents and utilities on site, and an attractive operating environment, resulting in a highly competitive operating cost position for the Plant, based on scoping studies to date.
Located within a Polish Special Economic Zone, the site provides excellent access to European and international markets. Production from the Plant will strengthen Europe's security of supply for rare earths, used in electric vehicles, wind turbines and other green technology and strategic applications, and aligns with European initiatives to create more robust, diversified supply chains.
Development of the Plant is expected to bring significant benefits to the Mkango group: Higher value-added products with increased margins - targeting 2,000 tonnes per year of separated neodymium (Nd) / praseodymium (Pr) oxides, and 50 tonnes per year dysprosium (Dy) and terbium (Tb) oxides in a heavy rare earth enriched carbonate
I hold these shares ,hold mp materials same play diff country .A strong buy and hold thanks phil for you tube of ceo .with china things likely to swing in mka favour MP materials shares had a huge rise this will follow on news .
Found this company on a list of Rare Earth Stocks. Trying to get a more diversified approach to the sector. I'll dip my toes in when I can free up a little more capital.
I’ve been here the whole time Phil.
China currently control ~90% of global supply, and many analysts believe they could further restrict supply of REEs due to political reasons, leading to investors searching for sustainable projects outside of China.
Mkango Resources* are developing their Songwe Hill rare earths project in Malawi, aiming to develop sustainable sources of NdPr and NdFeB and currently progressing its bankable feasibility study expected in the second half of this year.
275% increase in demands coming. I'm here a bit late but I don't think its too late. They have the 2 most important magnet materials for EV motors
the bid ask spread is 5% of the stock price.
China will become a net importer of NdPr as its Made in China 2025 strategy swings into full gear. Ultimately, China wants to reduce its pollution and will invest heavily in EV's and wind energy, which will require a huge amount of NdPr.
NdFeB for magnets..
Early days here..
Juan Carlito Hernandez
I couldn't make the call today. What was discussed?
anybody have a better place to get info on this company? It went up 600% in a day and I don't really understand why.
I'm in with MKA.V and not MKA.L Strange how they increased on the London Stock Exchange earlier on but decreased here. Guess I have to buy shares on the LSE too.
Look at GMA. Everything that touche rare earths explose. Im buying here. Sure, it will reach at least 0.50 in a short amount of time.
Someone can explain this to me : It is expected that Admission will become effective and dealings in the Shares will commence at 8:00am on or around February 11, 2021.
Talaxis just took 1M shares instead of cash, right? Logic tells me if we buy and hold, we can expect to see some movements in a few months since China has decided to keep its minerals. As usual, I am often posting to myself and making money on things that nobody seems to be interested in..;)
William Dawes CEO recently this week on Youtube if you want to know more
Amazing deal today, well done Mkango. Tranformational.
Noble Group Holdings owns a lot of equity here through Talaxis. Noble group's holdings just went up by 8,588.25% .. Tell me why this board is not active?
Yahoo Finance Insights
MKA.L is up 11.30% to $9.60
Wow.. as usual nobody posts here.. and I own the board again! I guess people buy stocks that come into their feed..
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