Mkango Resources Ltd at 121 Mining Investment Cape Town Conference Transcript
So Mkango, we're focused on the railroad sector. We're developing an integrated supply chain. And really, the foundation of the company is a project in Malawi, which we've taken from a very early stage to an advanced stage.
We'll be putting out a feasibility study in June, and that is to produce a mixed rare-earth carbonate that will go to a proposed separation plant in Poland. It's an excellent site, very good infrastructure that will add value to that mixed rare-earth carbonate product and produce the neodymium and praseodymium oxides that go into electric vehicles and wind turbines.
Mkango -- we have a first-mover advantage in recycling. All our peer group and competitors are following us now. Two or three years ago, we picked up a strategic stake in a UK rare-earth magnet recycler called HyProMag.
It's magnet-to-magnet recycling, 88% less energy than conventional [magnet making], fantastic technology working with the University of Birmingham, and potential to unlock the supply chain for rare-earth
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