Desk · Development / financing · Recycling
AIM:MKA · MKNGF · TSXV
Mkango Resources
Songwe Hill carbonatite in Malawi plus HyProMag hydrogen-processing recycle in the UK, Germany and the US. Recycle is the 2026 pulse.
Building
Pulse Timeline
Isoelectric line is the baseline Pulse. Spike height is catalyst strength. Wide gaps or a flat line = stalled progress / life support.
- 1) 12-01 Beat
- 2) 12-01 Listing
Lead II · 25 mm/s · Pulse 10 mm/mV · snapshot 2026-08-22
Building
Cadence is real, not yet a cluster. Next print has to land.
- Last beat
- —
- Beats / 90d
- 0
- Recent gap
- —
0 beats in 180d
- — No dated beat in the trailing window.
- — Next: HyProMag US/UK commissioning tonnes (101d).
- — Government / strategic paper is on the tape.
Trading
- Last
- £0.220
- 1d
- +3.1%
- Mkt cap
- $85M
- Volume
- 900k
- 52-week
- 8p – 38p
- 1m
- —
- 3m
- —
- 1y
- —
Shares — · snapshot, not a live tape
Company & people
HQ
London / Malawi
Focus
Recycling · Recycling
CEO William Dawes
- William Dawes, CEO
- Alexander Lemon, President
Mine / project
Flagship
HyProMag recycle + Songwe Hill
Location
Tyseley (UK), Germany, US module; Songwe, Malawi · United Kingdom / Malawi / United States
Deposit
HPMS magnet recycle + carbonatite
Resource
Songwe DFS-level carbonatite. HyProMag is the near-term Western plant.
Radioactivity
Moderate — typical monazite / carbonatite
Capital, loans, grants & support
UK / EU grants grant
HyProMag scale-up support
- Recycled NdFeB alloy toward European OEMs
The Pulse
HyProMag is a real process (HPMS). Songwe is a real African carbonatite. The desk prices the recycle first — US module progress is the Nasdaq-path tell.
AIM + TSXV + OTC. A US HyProMag plant that actually ships is the uplist argument.
Next: 1 Dec 2026 — HyProMag US/UK commissioning tonnes
Nasdaq path
Home listing is not Nasdaq. Bid price, registration, and a real asset gate are.
- 01 · DoneAIM + TSXV listing
MKA / MKA.V. Dual home boards. Songwe is Malawi; HyProMag is the 2026 business.
- 02 · LiveUS OTC (MKNGF)
OTCPK / Pink-style access, not OTCQB. US ticker exists; the market quality does not.
- 03 · GapDTC eligibility
Pink-adjacent names often fail US broker onboarding. Do not assume DTC.
- 04 · LiveUS holder tape
HyProMag USA Texas hub is the US story. CoTec is in the structure. Holders follow shipped magnets.
- 05 · NextHyProMag US/UK tonnes1 Dec 2026
A US plant that actually ships is the uplist argument. Songwe DFS is not.
- 06 · GapSEC registration
No 20-F / 40-F. AIM reporting is not Nasdaq reporting.
- 07 · GapNasdaq $4 bid
Last ~22p / ~US$0.28. ~14× below. Recycle tonnes re-rate; a split does not.
- 08 · GapNasdaq application
Not started. Ship magnets in Texas, then talk. A Pink ticker is not a path.
Catalysts
HyProMag US/UK commissioning tonnes
Desk note
Stays on this device. Not the press release.
Pulse = Catalyst proximity + government/strategic support + Nasdaq-path / listing signals + valuation & execution + stage progress. Method