Mkango Resources Ltd looking at long term production potential at Phalombe licence: These are exciting times for rare earths explorer Mkango Resources Ltd (LON:MKA, CVE:MKA). Not only is it bullish on the outlook for the rare earth sector, it also has one of the few advanced stage rare earth projects in the world. Last year's prefeasibility study for its Songwe Hill project in Malawi outlined an inferred and indicated resource of 32mln tonnes of rare earths, with the potential for a long 18-year mine life exploiting just the higher confidence indicated material.
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