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  • Mkango (MKA) appoints Rob Sewell as CFO
  • Sewell, Lemon and Dawes visited the Songwe Hill Rare Earths Project in Malawi
  • The company will release the results of the feasibility study for Songwe Hill next week
  • Before Sewell took on the role, Mr. Slater served as CFO in an interim capacity during Mkango’s search for a permanent CFO
  • Slater is set to stay around to assist Sewell with the transition and provide accounting services in the future, as required
  • Mkango Resources Ltd. (MKA) is in the grey, trading at C$0.30 at 9:30 am EST

Mkango Resources (MKA) has appointed Robert Sewell as Chief Financial Officer.

Mr Sewell joined Mkango’s President, Alex Lemon, and CEO, Will Dawes, in Malawi this week as they met with major international development and commercial bank teams visiting the Songwe Hill Rare Earths Project (“Songwe Hill”) in Malawi.

The company will release the feasibility study results for Songwe Hill next week.

Sewell has come over from AfriTin Mining Limited, where he was CFO. Looking at his educational background, he has a Bachelor of Commerce, Accounting degree from Rand Afrikaans University, which he obtained in 2003.

He also completed his professional qualifications with Deloitte in Johannesburg, South Africa.

Derek Linfield, Chairman of Mkango, commented, “We are pleased to have recruited Rob as our CFO. His expertise in multiple finance-related disciplines, including financial accounting, managerial finance, financial analysis, cash management and the development of financial and operational strategies, and his African experience, will add valuable skill sets to the Mkango management team.”

Sewell echoed the same sentiments, “I look forward to working with the executive team, Board and financiers as we unlock the incredible potential of this project for all stakeholders.”

Before Sewell took on the role, Mr. Slater served as CFO in an interim capacity during Mkango’s search for a permanent CFO.

Slater is set to stay around to assist Sewell with the transition and provide accounting services in the future, as required.

The company also confirms the £500,000 advance on the further investment by CoTec Holdings Corp.

Mkango’s corporate strategy is to develop new sustainable primary and secondary sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand for electric vehicles, wind turbines and other clean technologies. 

Mkango is developing the Songwe Hill rare earth project in Malawi.

Mkango Resources Ltd. (MKA) is in the grey, trading at C$0.30 at 9:30 am EST.

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