Mkango Resources Ltd. (LSE:MKA) and CoTec Holdings Corp. (TSXV:CTH) have unveiled a strategic partnership between their U.S.-based subsidiary HyProMag USA and Intelligent Lifecycle Solutions (ILS). This agreement focuses on the provision and initial processing of neodymium iron boron (NdFeB) feedstock in South Carolina and Nevada. The collaboration is a major step toward reinforcing HyProMag USA’s role in the domestic rare earth magnet market, helping to establish a dependable and sustainable supply chain for critical rare earth materials. The partnership also aligns with broader goals of reducing carbon emissions and improving traceability in the sector.
About Mkango Resources
Mkango Resources Ltd., dual-listed on the AIM and TSX Venture Exchange, is dedicated to becoming a leader in recycled rare earth magnets, alloys, and oxides via its investment in Maginito. The company’s mission includes developing innovative, eco-conscious sources for rare earth materials and advancing the recycling of these essential elements.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Leave a Reply