trending Market Intelligence /marketintelligence/en/news-insights/trending/zgIe3GEAM2-4eXDcXSgtWA2 content esgSubNav
In This List

Mkango Resources secures option for HCL production technology

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms

Blog

Insight Weekly: US stocks hit grim milestone; top European banks tumble; TMT IPOs plunge

Video

Gold and Copper Summit 2022: Overview of Global Gold Markets in 2022 and Beyond


Mkango Resources secures option for HCL production technology

Mkango ResourcesLtd. secured a two-year exclusive option and right to acquire a licensefor technology to produce high strength hydrochloric acid, which is applicable inrare earths processing and other potential industrial applications.

The company plans to import solid sulfur and calcium chlorideand produce HCL on its own, rather than importing it, bringing down the cost atits Songwe Hillrare earths project in Malawi.

Mkango said July 26 that production of a gypsum byproduct forsale in Malawi and elsewhere will also be investigated.

Mkango startedtrading on London Stock Exchange's AIM market in mid-June under the ticker symbolMKA.L.