<p><i><strong>MKANGO RELEASES YEAR END 2025 FINANCIAL STATEMENTS AND FILES NI 43-101 DEFINITIVE FEAS...

MKNGF

Mkango Resources Limited Announces Year End 2025 Financial Statements and DFS

Mkango Reports Feasibility Study and Strong Financial Position for Songwe Hill

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    <h3>Information</h3>
    <p>&lt;p&gt;&lt;i&gt;&lt;strong&gt;MKANGO RELEASES YEAR END 2025 FINANCIAL STATEMENTS AND FILES NI 43-101 DEFINITIVE FEAS...</p>
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    <h3>AI Summary</h3>
    <p>Mkango Resources has released its 2025 financial statements and the Definitive Feasibility Study (DFS) for the Songwe Hill Project, showing a post-tax NPV of $339 million and an IRR of 24%. The company has also strengthened its cash position, raising $15.5 million recently, enhancing its potential for growth and operational execution.</p>
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    <h3>Key Points</h3>
    <ul><li>Mkango released 2025 financial statements and feasibility study for Songwe Hill.</li><li>Cash position was $3.1 million, raised $15.5 million after year-end.</li><li>Songwe Project&#039;s post-tax NPV is $339 million, IRR of 24%.</li><li>HyProMag projects significant expansions in the UK and Germany.</li><li>Plans in place for future developments, including a SPAC listing.</li></ul>
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    <h3>Companies Mentioned</h3>
    <ul><li><strong>Crown PropTech Acquisitions (CPTK)</strong>: A business combination with Mkango could enhance liquidity and market presence post-SPAC.</li><li><strong>HyProMag Ltd (N/A)</strong>: Key player in Mkango&#039;s rare earth magnet recycling strategy with ongoing expansion.</li></ul>
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    <h3>Corporate Developments</h3>
    <p>This announcement falls under &#039;Corporate Developments&#039; as Mkango is advancing its project timelines and seeking strategic funding to support its initiatives. The positive outlook on their feasibility study and financial disclosures could result in increased investor interest and market momentum.</p>
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    <h3>Market-Moving</h3>
    <ul><li>Mkango&#039;s latest DFS reveals a healthy net present value, indicating strong project viability.</li><li>Recent capital raise of $15.5 million enhances liquidity for operational ambitions.</li><li>The potential SPAC listing may attract new institutional interest in MKNGF.</li><li>Expansion plans at HyProMag could significantly boost production capacity and revenue.</li></ul>
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    <h3>Key Facts</h3>
    <ul><li>Mkango&#039;s cash position as of December 31, 2025, is $3.1 million.</li><li>Songwe&#039;s post-tax NPV is $339 million, IRR is 24% with a payback period of 3.4 years.</li><li>Recently, Mkango raised $15.5 million through share issuance at approximately $0.44 per share.</li><li>HyProMag plans to increase production capacity significantly in the coming years.</li><li>The proposed SPAC merger may lead to a NASDAQ listing for Mkango&#039;s subsidiaries.</li></ul>
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    <h3>Trading Thesis</h3>
    <p>Consider buying MKNGF for potential gains from upcoming project milestones over the next 12 months.</p>
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<article>
    <h2>Mkango Resources Limited Releases Year-End 2025 Financial Results and Definitive Feasibility Study</h2>
    <p><strong>LONDON, UK AND VANCOUVER, BC / ACCESS Newswire / May 1, 2026</strong> - Mkango Resources Ltd (AIM:MKA)(TSXV:<a class="ticker" href="https://www.benzinga.com/quote/MKA">MKNGF</a>), a leading company in the rare earths sector, has announced its financial statements and Management's Discussion and Analysis (MD&A) for the year ended December 31, 2025. The company also filed a Technical Report, adhering to National Instrument 43-101 (NI 43-101), related to the Definitive Feasibility Study for its Songwe Hill Rare Earths Project in Malawi. The full financial documents and report can be accessed via SEDAR+ and the company's website.</p>
    
    <h3>Access to Financial Statements</h3>
    <p>The Financial Statements, MD&A, and the accompanying Technical Report are now available. Interested parties can review them on the Company's profile at <a href="http://www.sedarplus.com" title="www.sedarplus.com">www.sedarplus.com</a> and on Mkango's official website at <a rel="nofollow" href="https://mkango.ca/investors/financials/">Mkango Financials</a>.</p>

    <h3>Key Highlights from 2025</h3>
    <ul>
        <li>
            <strong>Cash Position:</strong> Mkango Resources reported a cash position of <strong>US$3.1 million</strong> as of December 31, 2025. Following the year-end, the company successfully raised net proceeds of £11.7 million (approximately <strong>$15.5 million</strong>) through the issuance of 37,878,788 common shares at a price of 33 pence (approximately <strong>$0.44</strong>).
        </li>
    </ul>

    <h3>Advancements in Rare Earth Magnet Recycling</h3>
    <p>In addition to financial developments, Mkango is enhancing its position in the rare earth element market through initiatives in magnet recycling and manufacturing.</p>
    
    <h4>HyProMag Ltd (UK)</h4>
    <ul>
        <li><strong>Production Achievements:</strong> In July 2025, the company reported the first production runs of recycled neodymium iron boron (NdFeB) alloy powder from its Hydrogen Processing of Magnet Scrap (HPMS) facility at Tyseley Energy Park, UK, producing <strong>9.2 tonnes</strong> to date, with <strong>7.4 tonnes</strong> shipped to clients.</li>
        <li><strong>Official Opening:</strong> The Tyseley Energy Park plant was inaugurated by Chris McDonald MP in January 2026.</li>
        <li><strong>Capacity Expansion:</strong> Evaluations are underway for a phased expansion to increase production capacity from 100-350 tonnes per annum (tpa) of NdFeB alloys and magnets, ultimately targeting 1,000 tpa.</li>
        <li><strong>Hard Disk Drive Processing:</strong> The plant has commenced pre-processing of hard disk drives (HDD) using an automated pre-processing unit to provide magnet feedstock and retrieve printed circuit board assemblies.</li>
        <li><strong>Collaborative Initiatives:</strong> HyProMag is collaborating with several partners, including Siemens AG, which has recently integrated recycled NdFeB magnets into its SIMOTICS servomotor rotor presented at Hannover Messe 26.</li>
    </ul>

    <h4>HyProMag GmbH (Germany)</h4>
    <ul>
        <li><strong>Commissioning Runs:</strong> Initial commissioning of recycled NdFeB alloy powder from the HPMS facility at Pforzheim, Germany, began in April 2026, with production permits acquired for up to 750 tonnes annually.</li>
        <li><strong>Official Opening:</strong> The plant's opening ceremony on April 28, 2026, was led by the German Federal Ministry for Economic Affairs.</li>
        <li><strong>Bilateral Cooperation on Raw Materials:</strong> A joint statement was signed at the Germany-UK Business Government Forum to enhance cooperation on Critical Raw Materials, featuring HyProMag prominently.</li>
        <li><strong>Future Capacity Plans:</strong> The facility is expected to achieve a capacity of approximately <strong>100 tpa</strong>, with potential expansions up to <strong>350 tpa</strong> and evaluations for future scalability to <strong>750 tpa</strong>.</li>
    </ul>

    <h3>Conclusion</h3>
    <p>Mkango Resources Ltd continues to strengthen its financial and operational foundations within the rare earth sector, as evidenced by its solid cash position and groundbreaking recycling initiatives. The company's continuous advancements in technologies and partnerships signal a promising future for MKNGF and its stakeholders.</p>
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Mkango Resources has released its 2025 financial statements and the Definitive Feasibility Study (DFS) for the Songwe Hill Project, showing a post-tax NPV of $339 million and an IRR of 24%. The company has also strengthened its cash position, raising $15.5 million recently, enhancing its potential for growth and operational execution.

Mkango Resources Limited Announces Year End 2025 Financial Statements and DFS

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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