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Mkango Resources plans to merge with Crown PropTech and list on NASDAQ to expand rare earths operations.
Mkango Resources has signed a non-binding letter of intent with Crown PropTech Acquisitions to merge and list on NASDAQ, creating a global rare earths platform.
The deal includes Mkango's Songwe Hill project in Malawi and a proposed separation plant in Poland, aiming to meet growing demand for rare earths in clean energy technologies.
The transaction is subject to regulatory and stockholder approvals.
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Mkango Resources planea fusionarse con Crown PropTech y listar en NASDAQ para ampliar las operaciones de tierras raras.