Mkango Resources Ltd (LSE:MKA) has reported its Q3 2025 results, noting a cash balance of US$2 million and a post-quarter equity raise of £3 million that strengthens its financial footing. The company recorded its first commercial sales of recycled NdFeB alloy powder from its UK facilities—an important milestone as it scales its rare earth magnet recycling business. Mkango is planning staged capacity expansions in the UK, Germany, and the USA, while progressing its rare earth developments in Malawi and Poland. A major funding agreement for the Songwe Hill project adds further momentum, positioning the company to expand its role in the rare earth magnet recycling market and enhance long-term value creation.
More about Mkango Resources
Mkango Resources Ltd operates in the rare earth sector with a core focus on recycling and manufacturing neodymium-iron-boron (NdFeB) magnets. The company is building out production capabilities across the UK, Germany, and the USA, while advancing additional rare earth projects to solidify its growing global footprint in magnet recycling.
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