Mkango-backed HyProMag Opens First UK Rare Earth Magnet Plant in 25 Years

An announcement from Mkango Resources ( (TSE:MKA) ) is now available.

Mkango Resources, through its subsidiary Maginito and wholly owned unit HyProMag, has helped deliver the UK’s first commercial-scale rare earth magnet production facility in 25 years at Tyseley Energy Park in Birmingham, using the University of Birmingham’s patented Hydrogen Processing of Magnet Scrap (HPMS) technology. Officially opened by the UK Minister for Industry, the plant is the country’s only commercial sintered rare earth magnet manufacturing facility and can recover more than 400kg of rare earth alloy per batch and produce up to 300 tonnes of recycled NdFeB magnets per year on multiple shifts, supporting the UK Critical Minerals Strategy and supplying key sectors such as electric vehicles, wind power, electronics and defence. The project underscores Mkango’s strategy to build a circular rare earth supply chain, complementing parallel HPMS roll-outs in Germany and the US — including a planned Texas hub with strong projected economics and further expansion studies in South Carolina and Nevada — and strengthens its position as an emerging integrated player in both recycled and primary rare earths across Europe and North America.

More about Mkango Resources

Mkango Resources is a dual-listed rare earth company on AIM and the TSX-V, aiming to become a market leader in recycled rare earth magnets, alloys and oxides through its majority interest in Maginito. Via Maginito, it controls HyProMag in the UK and Germany for short-loop magnet recycling, Mkango Rare Earths UK for long-loop chemical recycling, and a 50/50 HyProMag USA joint venture with CoTec, while also advancing the Songwe Hill rare earths project in Malawi and the Pulawy separation project in Poland, both designated Strategic Projects under the EU Critical Raw Materials Act.

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