On Friday 10th November, Hon. Monica Chang’anamuno Minister of Mines for Malawi and a large government delegation visited the Songwe Hill rare earth project. The Hon. Minister was impressed with all of the work that had been completed at the project site to date and indicated that the Ministry of Mines would sign the mining development agreement before the end of 2023.
We are also pleased to announce today that we have published our inaugural Environmental, Social & Governance (“ESG”) Report
ESG highlights include:
IFC compliant ESHIA completed and approved by Malawian Environmental Protection Agency (MEPA)
In depth stakeholder engagement completed for ESHIA safely despite Covid-19
Streamlined business structure further enabling Mine, Refine and Recycle Strategy
CSR spend to date of US$406,000 from inception to 31 December 2022
Please follow this link to the ESG report on the Company’s website:
mkango.ca/site/assets/files/…#MKA#RareEarths@REIA_global@CMA_Minerals@CMIA_alliance@USEmbassyLLW@UKinMalawi@LAZARUSCHAKWERA @EITRawMaterials @UKMWChamberglobenewswire.com/en/news-re…
I have just lost my wedding ring - in Buxton Derbyshire - just after giving a talk this afternoon - dropped I think on St John’s rd - if anyone finds it I would be so grateful - it is an old gold ring with a cross on the face. V embarrassed grateful for RTs.
Absolutely chuffed with the long-awaited DFS for Songwe Hill!
$559m post-tax NPV is a 62% increase over the 2015 PFS' NPV, whilst increase in capex is only 41%.
EBITDA of $215m pa for 18 years.
But this is just the standalone DFS for the mine. The integrated study...
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In his remarks, President of Mkango Resources Limited, Alexander Lemon says he is optimistic that government will work towards finalizing the MDA to issue them a mining licence as this project will change the development of the country. Alexander Lemon explains
#MKA an EV battery without rare earths requires 30% more lithium to generate the same power
Lithium prices have risen over 600%
At the end of this month, you will be able to buy/fund the construction of a RE deposit in Africa and separate your own product in Poland
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@MkangoResources is starting the rollout of the #RareEarths technologies business in the #USA with Julian Treger, a highly successful ex #AngloPacificMining executive & Tom Albanese ex #RioTinto. A lot of people missed this #MKA been in the 🇺🇸 China is in the US sights RE supply.
Chris Dunks @SynergenMet -(our Lesedi JV partners)- details how #methanepyrolysis plasma produces #greenhydrogen with zero CO2 emissions when powered by renewables - using approx. 1/4 the energy of #hydrogen via water electrolysis.
#Tlou - Clean Power and Industry for #Botswana
This is actually hilarious. “Yes i had help” but if YOU give up everything you like, you can help prop up my property portfolio.
“I bought my house at 21”, sooo 30 years ago when the avergae house price was £90k and the average household income was £24k and freddos were 5p ffs
#TRAC,time for @OpenBox to work their magic. The US Port Authorities are in desperate need of modernization and it’s about time the US government began to build back better and spent some of that huge budget passed by their infrastructure bill
A key couple of months ahead for @MkangoResources.
In Q1, #MKA is due to publish its feasibility studies for both Songwe Hill, and the Separation Plant in Poland.
In the next few weeks, I expect we'll get the results for the hydrometallurgy piloting - 5 out of 6 stages..
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This new proposal will pave the way for new European investments in natural gas in Africa and will therefore allow Europe to unlock billions of euros in finance and sustainable energy funds to support gas as a transitional energy source.
#Tlou#Botswananaturalgasworld.com/eu-label…
#STAR#TRAC absolutely incredible, this could now easily be worth £100m in due course, currently £13m I think the rise is putting people off but look at the market cap, I just added even more
Myth debunking:
After reading more misleading takes in the media, I'm going to try to explain this again- overall, omicron causes *more* and not less severe disease than delta - even at an individual level for most people. Why? 🧵
After fighting as hard as she could my amazing cat Lucy died.
In honor of her I ask that the next time you eat, scream like you're starving even though you ate just a few hours ago.
Next time your drink is empty, knock it on the floor.
Lastly, give your pets some extra hugs 💜