2022 ESG highlights include:
- IFC compliant ESHIA completed and approved by
Malawian Environmental Protection Agency (MEPA) - In depth stakeholder engagement completed for ESHIA safely despite Covid-19
- Streamlined business structure further enabling Mine, Refine and Recycle Strategy
- CSR spend to date of
US$406,000 from inception to31 December 2022
The disclosure standards and frameworks, including the United Nations Global Compact, Sustainability Accounting Standards, Board Metals and Mining Sustainability Accounting Standard, and the Mining Local Procurement Reporting Mechanism, continue to inform and guide Mkango’s sustainable transition from an explorer to a developer and demonstrates the Company’s commitment to transparent business conduct and its work to manage potential social and environmental impacts. Please follow this link to the ESG report on the Company’s website https://mkango.ca/site/assets/files/4152/mkango_esg_report_web12-11-23.pdf
On Friday 10th November, Hon. Monica Chang’anamuno Minister of Mines for
For further information, please contact:
Chief Executive Officer will@mkango.ca President alex@mkango.ca Chief Financial Officer rob@mkango.ca www.mkango.ca @MkangoResources | ||
PR and IR Adviser mkango@tavistock.co.uk | ||
Nominated Adviser and Joint Broker | ||
Joint Broker |
About Mkango
Mkango's corporate strategy is to develop new sustainable primary and secondary sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean technologies. This integrated Mine, Refine, Recycle strategy differentiates Mkango from its peers, uniquely positioning the Company in the rare earths sector. Mkango is listed on AIM and the TSX-V.
Mkango is developing its Songwe Hill rare earths project (“Songwe Hill”) in
In parallel, Mkango and Grupa Azoty PULAWY,
Through its 79.4% ownership of
Mkango also has an extensive exploration portfolio in
For more information, please visit www.mkango.ca
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements (within the meaning of that term under applicable securities laws) with respect to Mkango. Generally, forward looking statements can be identified by the use of words such as “plans”, “expects” or “is expected to”, “scheduled”, “estimates” “intends”, “anticipates”, “believes”, or variations of such words and phrases, or statements that certain actions, events or results “can”, “may”, “could”, “would”, “should”, “might” or “will”, occur or be achieved, or the negative connotations thereof. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. Such factors and risks include, without limiting the foregoing, the availability of (or delays in obtaining) financing to develop Songwe Hill, governmental action and other market effects on global demand and pricing for the metals Mkango is exploring and developing, and geological, technical and regulatory matters relating to the development of Songwe Hill, the Thambani Licences, the plants being developed by Maginito and the Pulawy Separation Plant, The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.
The
This press release does not constitute an offer to sell or a solicitation of an offer to buy any equity or other securities of the Company in
Source:
2023 GlobeNewswire, Inc., source