MKANGO’S SONGWE HILL RARE EARTH MINING PROJECT ANNOUNCED AS A STRATEGIC PROJECT UNDER EUROPEAN UNION CRITICAL RAW MATERIALS ACT
Mkango Resources Ltd. (AIM/TSX-V: MKA) is pleased to announce that the Songwe Hill Rare Earths Mining Project in Malawi (“Songwe”) has been designated as a Strategic Project by the European Commission under the Critical Raw Materials Act (“CRMA”).
· Strategic Project status confirms the importance of Songwe in supplying rare earths to supply chains across Europe, North America and other markets.
· Songwe is one of the very few rare earth projects globally to have advanced to the NI 43-101 compliant Definitive Feasibility Study (“DFS”) stage, with a full Environmental, Social, Health Impact Assessment (“ESHIA”) also completed in compliance with IFC Performance Standards. A mining development agreement was signed with the Government of Malawi in July 2024.
· Based…
