Mkango shares boosted as Birmingham based recycling venture sees key milestone

  • Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF) shares moved up on Monday after it announced the first production runs from its commercial-scale Hydrogen Processing of Magnet Scrap (HPMS) vessel at its Tyseley Energy Park recycling plant in Birmingham. The plant, developed with the University of Birmingham and commercial partner HyProMag, will initially supply high-grade NdFeB alloy powder for third-party processing and aims to deliver 0.5 tonnes per month of recycled product by the end of July, rising to at least 2 tonnes per month by December 2025.