Maginito Limited & CoTec Holdings

Maginito Limited: Maginito Limited, 79.4% owned by Novo Resources, is central to the rare earth magnet recycling and manufacturing projects in the UK, Germany, and the US, showing significant operational advancements and expansion plans.

CoTec Holdings: CoTec Holdings owns 20.6% of Maginito Limited and is a partner in expanding HPMS recycling technology into the United States via the HyProMag USA LLC joint venture.

Maginito Limited: Maginito Limited is 79.4% owned by Novo Resources and holds interests in HyProMag GmbH, HyProMag Limited, and Mkango Resources — Mkango Rare Earths UK Limited, playing a central role in Mkango's recycling strategy.

CoTec Holdings: CoTec Holdings owns 20.6% of Maginito Limited and is a partner in the HyProMag USA joint venture, contributing to the expansion of HPMS recycling technology.

Maginito Limited: Maginito Limited is a subsidiary of Novo Resources, focused on rare earth magnet recycling, and will benefit from the fundraise proceeds for growth initiatives.

CoTec Holdings: CoTec Holdings is a minority owner of Maginito Limited and a joint venture partner in HyProMag USA LLC, involved in rare earth magnet recycling.

Maginito Limited: Maginito Limited, owned by Novo Resources, holds interests in HyProMag and Mkango Resources — Mkango Rare Earths UK Limited, and is central to Novo Resources' strategy in rare earth magnet recycling.