HYPROMAG ACHIEVES FURTHER TECHNICAL MILESTONES AS PILOTING RAMPS UP IN ADVANCE OF COMMERCIAL RARE EARTH MAGNET PRODUCTION IN THE UK, GERMANY AND USA

HYPROMAG USA RECEIVES “MAKE MORE IN AMERICA” DOMESTIC FINANCE LETTER OF INTEREST FOR UP TO US$92 MILLION FROM US EXIM BANK

MKANGO’S SONGWE HILL RARE EARTH MINING PROJECT ANNOUNCED AS A STRATEGIC PROJECT UNDER EUROPEAN UNION CRITICAL RAW MATERIALS ACT

Highlights

Mkango Resources Ltd (AIM / TSX-V:MKA) (the “Company” or “Mkango”), is pleased to announce that it has released the Financial Statements and Management’s Discussion and Analysis for the period ending

COTEC AND MKANGO APPOINT LEAD ENGINEERS PEGASUSTSI AND BBA TO PERFORM ENGINEERING, PROCUREMENT AND CONSTRUCTION MANAGEMENT (EPCM) SERVICES FOR HYPROMAG USA TO PRODUCE RARE EARTH MAGNETS IN THE U.S.

London / Vancouver: April 11, 2024 – Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango” or the “Company”) is pleased to announce that it has updated its corporate presentation and it is available to view on

HYPROMAG USA EXPANDS DETAILED ENGINEERING PHASE TO INCLUDE THREE HPMS VESSELS AND INITIATES CONCEPT STUDIES FOR FURTHER EXPANSION AND COMPLEMENTARY “LONG LOOP” RECYCLING

MKANGO PROVIDES CONSTRUCTION UPDATE ON UK MAGNET RECYCLING AND MANUFACTURING FACILITY AT TYSELEY ENERGY PARK, WELCOMES UK GOVERNMENT SITE VISIT

 HYPROMAG USA’s ISO-COMPLIANT PRODUCT CARBON FOOTPRINT STUDY CONFIRMS EXCEPTIONALLY LOW CO2 FOOTPRINT of 2.35 kg CO2 eq. per kg of NdFeB CUT SINTERED BLOCK

Land Lease Agreement Signed To Construct a Rare Earths Separation Plant In Poland with Grupa Azoty Pulawy