Mkango Resources (MKA) Corporate presentation summary

Strategic focus and business structure

• Emphasis on sustainable rare earth supply through mining, refining, and recycling for the green transition.

• Rare earth magnet recycling spearheaded by HyProMag using patented HPMS technology, enabling efficient, low-carbon magnet recovery.

• Business split: upstream mining and separation assets to be listed on Nasdaq, while retaining majority interest in downstream recycling and manufacturing.

• Global rollout of recycling operations in the UK, Germany, and USA, with expansion options and collaborations in Japan and Canada.

• Strong partnerships and government support, including selection as a Minerals Security Partnership project.

Rare earth magnet recycling technology and operations

• HPMS technology enables short-loop recycling, extracting and demagnetizing NdFeB magnets from end-of-life products with a 95% CO2 reduction.

• Automated pre-processing with Inserma provides efficient feedstock preparation, reducing costs and carbon footprint.

• Initial UK production at Tyseley Energy Park in July 2025, scaling to 100–350 tpa; Germany to follow by end 2025, USA by 2027 with 1,000 tpa target.

• Over 3,000 commercial-grade recycled magnets produced and tested in automotive, aerospace, and electronics applications.

• Competitive advantages include early-mover status, strong technical expertise, and exclusive technology licenses.

Mining and separation projects

• Songwe Hill project in Malawi: 18-year mine life, 5,954 tpa TREO, DFS and ESHIA completed, Mining Development Agreement signed.

• Pulawy separation project in Poland: strategic European hub, leveraging Songwe feedstock, low-cost, circular process, and established infrastructure.

• Both projects awarded Strategic Project status by the European Commission.

• Songwe Hill offers significant exploration upside and optimization opportunities for processing flowsheet.

• Pulawy site adjacent to major chemical plant, with access to utilities, transport, and expansion potential.