Mkango signs up Jones Group International as US strategy advisor

Mkango Resources Ltd (LON:MKA)(CVE:MKA) has appointed Jones Group International as its United States strategy advisor. Jones Group International is a Washington-based advisory firm led by retired General James Jones, former National Security Advisor to President Barack Obama, will assist Mkango, advising on US critical materials security, energy security, market access and trade promotion. "The Biden administration has an ambitious agenda for a clean energy revolution which will begin with the recently announced US$2tn Infrastructure bill aimed at clean energy initiatives and is expected to result in increased US stockpiling of rare earths,” said Alexander Lemon, President of Mkango. “The United States intends to achieve a carbon free power sector by 2035 and a net zero economy by 2050. Reaching these goals will require significant quantities of rare earths.” Mkango's Songwe Hill Rare Earths project in Malawi, its plans for a separation plant, and interest in UK rare earth magnet recycler, HyProMag, all make it well placed to play a strategic role in supplying the US critical minerals supply chain as well as other key markets. "We are, therefore, delighted to appoint Jones Group International as our United States strategy advisor, significantly enhancing Mkango's positioning in the US market,” continued Lemon. “This appointment further underpins our integrated 'Mine Refine Recycle' strategy and we very much look forward to working with Jones Group International. " General James Jones, President of Jones Group International stated: "I look forward to our partnership with Mkango Resources.  Rare earths are the source of elements and metals essential to the advanced technologies of today and tomorrow, including those that will drive forward clean energy and enhance the prospects of significantly reduced carbon emissions that are so damaging to our environment.”