Mkango Resources Ltd is engaged in the exploration and development of rare earth elements, primarily through its Songwe Hill Rare Earths Project located in Malawi. The company operates in the upstream segment of the mining industry, focusing on the extraction and processing of rare earth minerals. Additionally, Mkango is involved in rare earth magnet recycling and manufacturing through its subsidiary HyProMag, which has facilities in the UK, Germany, and the USA. Its customer base includes industries that utilize rare earth materials in various applications, such as electronics and renewable energy technologies.