Metallization is the missing middle of the rare-earth magnet supply chain. Learn which Western players are closing the gap between oxide and magnet production.
Company Profile
HyProMag
Overview
About HyProMag
HyProMag is a rare earth magnet recycling company headquartered in Birmingham, United Kingdom, that produces recycled NdFeB (neodymium-iron-boron) alloy and magnets. It is owned by Maginito Limited, a joint venture controlled by Mkango, and holds an exclusive license to the patented Hydrogen Processing of Magnet Scrap (HPMS) technology developed at the University of Birmingham, which liberates magnet alloy from end-of-life products such as hard disk drives, motors and speakers.
At Tyseley Energy Park in Birmingham, HyProMag has produced recycled NdFeB alloy powder since commissioning its HPMS vessel in 2025 and is commissioning magnet manufacturing; Mkango says it is evaluating a phased expansion to 100-350 metric tons per year and later 1,000 metric tons per year. The company recovers neodymium, praseodymium and dysprosium for reuse, and the HyProMag group is developing sister plants in Pforzheim, Germany, and the Dallas-Fort Worth area of the United States.
Investor Snapshot
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Corporate Structure
REEx Intelligence
Recent Articles
China supplies 85% of U.S. magnet imports, but embedded magnets in EVs, drones and motors make true dependence far larger than customs data reveal.
With 111 days to DFARS 2027 restrictions, REEx maps which rare-earth equities hold operating proof versus unfinished execution risk across the full supply
Mkango Resources has built a circular rare earth platform across four countries, but commercial-scale throughput remains the critical unproven test for
Mkango Resources acquires German recycler Remloy for $9.3M, adding NdFeB alloy recycling capacity and three distinct rare earth recycling loops across Europe.
Cyclic Materials raises $75M to scale U.S. rare earth recycling, targeting 2,000 tonnes of magnet material annually at its new South Carolina campus.
Duke University and UCT identify midstream processing—not mining—as the key to critical mineral value, but funding must be tied to proven output, not
The U.S. is financing a rare earth supply chain faster than it can build one—REEx forecasts meaningful mine-to-magnet scale by 2029–2030, not 2027.
Mkango's HyProMag USA plans a Texas magnet-finishing line by 2027 using imported blocks, but a truly domestic U.S. rare earth magnet supply chain remains
India launches a $4B critical mineral mission and magnet incentive program, but China's 30-year industrial head start still defines the rare earth race.
Stuttgart's 2026 MSIT Seminar on rare earth magnet technology emerges as a critical forum where materials science, geopolitics, and European industrial
The U.S. has less than 10% genuine rare earth resilience today. REEx forecasts 40% independence only by 2033–2035 as China retains overwhelming supply
The UK unveils a £50M critical minerals package, prioritizing rare earth magnet manufacturing and recycling over mining to secure strategic supply chains.
HyProMag USA begins equipment procurement for its Texas Hub, targeting 1,526 metric tons of recycled NdFeB magnet products annually by 2027.
Mkango Resources wins AGM approval, but the real story is its ambitious integrated rare earth supply chain spanning Africa, Europe, and the U.S.
The U.S. is announcing magnet factory capacity faster than it can secure heavy rare earth supply, risking a dangerously incomplete supply chain.
REEcycle plans a $400M Nasdaq debut as America's first pure-play rare earth recycling stock, but faces rivals already further along the commercialization curve.
Mkango Resources advances HyProMag recycling platform across UK, Germany, and US, but investors must weigh promising optionality against ongoing cash burn
The UK's rare earth sector leads in midstream processing and recycling, with LCM, HyProMag, and Metalysis emerging as serious Western assets in 2026.
Mkango acquires Heraeus Remloy's NdFeB magnet recycling facility in Germany for €8M, expanding its downstream rare earth processing capacity.
China controls 90% of rare earth metallization capacity as Western nations rebuild midstream capabilities in Great Powers Era 2.0.
Ex-China rare earth supply chain progress updated: processing, magnets, and HREE remain key bottlenecks despite mining advances.
Mkango Resources released its Songwe Hill DFS showing $339M NPV, but with just $3.1M cash, execution risks remain high for investors.
Germany opens rare earth magnet recycling plant using HPMS technology, reducing China reliance—but scale limits remain. HyProMag facility analysis.
HyProMag scales recycled rare earth magnets production in UK, but strategic impact remains modest against China's dominance in global supply.
Why rare earth separation—not mining—is the West's critical bottleneck. China controls 90% of refining. Western capacity won't scale until 2030+.
Mkango secures UK funding for recycled rare earth magnets supply chain via REACT-UK project, targeting EV applications through HPMS technology.
Mkango's HyProMag commissions commercial-scale rare earth magnet recycling vessel in Germany, advancing Europe's supply chain sovereignty.
Military drone supply chain faces China dominance in components and rare-earth magnets despite U.S. lead in autonomy and combat systems.
Ex-China drone supply chain faces critical bottleneck: US/EU shift assembly but China controls 94% of magnets needed for motors.
Mkango Resources expands via HyProMag recycling, Songwe mining & Pulawy separation—aiming for vertical rare earth integration & NASDAQ listing.
UK opens rare-earth magnet recycling facility using hydrogen-based HPMS technology, restoring domestic NdFeB production after 25 years.
UK's first rare earth magnet recycling plant in 25 years opens in Birmingham, using hydrogen technology to recover critical materials.
RESourceEU Action Plan elevates healthcare to strategic tier, creating €3B opportunities for EU magnet recyclers and medical isotope producers.
Ex-China rare earth supply chain shifts from strategy to reality with new refineries, recycling hubs, and government-backed projects across North America, Euro…
HyProMag USA secures Dallas facility for NdFeB magnet recycling, targeting 1,557 tpa by 2032. Analysis of CoTec & Mkango investment outlook.
Mkango Resources achieves first commercial NdFeB magnet recycling sales from UK facility, advances US & German expansion with $92M EXIM support.
UK's Critical Minerals Strategy targets 10% domestic production by 2035, but £50M funding falls short of the billions needed to challenge China's dominance.
NdFeB magnet recycling is accelerating globally with billion-dollar investments, innovative technologies, and policy mandates driving circular supply chains.
Mkango Resources advances strategic rare earth production across Malawi, Poland, and UK with innovative mining and recycling technologies targeting European su…
Mkango Resources secures $4.6M from U.S. DFC for Songwe Hill strategic rare earth project, advancing critical minerals supply chain diversification.
Explore the latest developments in critical minerals supply chain, including strategic investments, technology collaborations, and emerging non-Chinese rare ea…
CoTec Holdings highlights HyProMag USA's progress in U.S. rare earth magnet recycling, targeting first magnets by 2027 with strategic national security implica…
HyProMag USA advances magnet recycling with innovative technology, targeting 1,557 metric tons of magnets annually in Dallas-Fort Worth project.
The US is rebuilding its rare earth supply chain, creating massive job opportunities across mining, processing, and manufacturing sectors from upstream to down…
Mkango's HyProMag advances non-China magnet recycling amid Chinese export restrictions, highlighting strategic supply chain resilience.
Mkango Resources revolutionizes rare earth magnet recycling with HyProMag's innovative HPMS technology, targeting global expansion and sustainable production.
Discover how innovative technologies are transforming the 1% rare earth magnet recycling landscape, reducing global dependence and challenging China's mineral…
HyProMag USA partners with Intelligent Lifecycle Solutions to launch innovative magnet recycling infrastructure, targeting critical NdFeB feedstock across US f…
Discover how nations are challenging China's 90% monopoly on rare earth magnets, with strategic investments and innovative projects reshaping global supply cha…
China's strategic export controls on rare earth elements reveal a sophisticated geopolitical tool, disrupting global supply chains and challenging Western tech…
Mkango Resources completes first production of recycled rare earth magnet alloy in UK, advancing sustainable magnet recycling technology and ex-China supply ch…
Mkango Resources pivots from AIM to Nasdaq, valuing the new company at $400 million and positioning itself as a global leader in rare earth recycling.
Mkango Resources extends SPAC merger talks, positioning for U.S. market entry with innovative rare earth recycling technology and global strategic expansion.
Exploring the complex global rare earth elements landscape, from China's dominance to U.S. efforts in reshoring critical technology supply chains.
China's tight grip on rare earth supply chain threatens U.S. defense and technology sectors, demanding urgent strategic intervention and diversification effort…
HyProMag USA secures $92M EXIM financing to launch first U.S. integrated magnet recycling facility, boosting domestic rare earth production capability.
Mkango Resources' Songwe Hill Rare Earths Project receives EU Strategic Project designation, supporting critical raw materials supply chain for clean tech.
Western nations are rapidly diversifying permanent magnet supply chains, challenging China's 90% market dominance through strategic investments and government-…
UK study reveals critical vulnerabilities in rare earth element supply chains, highlighting massive import dependence and missed circular economy opportunities.
Industry consultants launch platform to improve permanent magnet data transparency, encouraging manufacturers to share critical material property specification…
Mkango Resources secures £2.34M private placement to advance rare earth recycling initiatives in Germany, UK, and expand into US market.
Explore rare earth market trends, tech innovations, and global strategies reshaping critical mineral supply chains & sustainability efforts.
Mkango Resources pioneers innovative magnet recycling technology, positioning itself as a key player in sustainable rare earth elements production and clean en…
UK invests £15M in rare earth ventures, aiming to strengthen supply chain resilience and support sustainable extraction initiatives.
