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Mkango Resources Ltd and Crown PropTech Acquisitions Announce Business Combination Agreement to Establish a Global Rare Earth Platform
Jul 03, 2025•12 months ago
Contract Type
agreement
CalgaryMining
Description
Mkango Resources Ltd and Crown PropTech Acquisitions have entered into a Business Combination Agreement to create a new entity named Mkango Rare Earths Limited. This agreement aims to support the development of strategic rare earth projects, including the Songwe Hill and Pulawy projects, with a combined pro forma value of US$400 million.
Company Information
Company
Mkango Rare Earths Limited
Location
Calgary, Alberta, Canada
About
Mkango Rare Earths Limited is a subsidiary of Mkango Resources Ltd. focused on developing rare earth projects. The company aims to become a vertically integrated leader in the rare earth sector. Through strategic acquisitions and public market listings, it seeks to enhance its operational capabilities.