Highlights
- Songwe Hill Rare Earths Mining Project was officially designated as a Strategic Project by the European Commission under the Critical Raw Materials Act.
- Project expected to produce 1,953 tonnes of NdPr and 56 tonnes of DyTb annually over an 18-year mine life.
- Supports European clean tech supply chains
- Mkango is developing an integrated platform for rare earths, featuring mining and recycling capabilities.
- Operations across multiple regions, including Poland, the UK, Germany, and the U.S.
Mkango Resources Ltd. (opens in a new tab) announced that its Songwe Hill Rare Earths Mining Project in Malawi has been officially designated a Strategic Project by the European Commission under the Critical Raw Materials Act ( (opens in a new tab)CRMA). The designation recognizes Songwe’s critical role in supplying rare earth elements—including neodymium, praseodymium, dysprosium, and terbium—to Europe’s clean tech and industrial supply chains. The project, which has completed a Definitive Feasibility Study and full Environmental and Social Impact Assessment, is expected to deliver 1,953 tonnes of NdPr and 56 tonnes of DyTb annually over an 18-year mine life.
According to the company press release, Songwe will supply Mkango’s Pulawy separation facility in Poland—also designated strategic by the EU earlier this year—creating an integrated mined-to-oxide rare earths platform in Europe. Both projects now qualify for EU support in financing and strategic off-take development. With a proposed NASDAQ listing via a SPAC merger and growing interest in its HyProMag rare earth recycling ventures in the UK, Germany, andthe U.S., Mkango is positioning itself as a vertically integrated rare earths supplier across both primary mining and circular economy domains.
0 Comments