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Mkango Resources ( (TSE:MKA) ) has provided an announcement.
Mkango Resources’ subsidiary HyProMag has commissioned a second automated hard disk drive pre-processing unit in the UK, located at its new commercial-scale magnet recycling facility at Tyseley Energy Park in Birmingham. Developed with Spanish partner Inserma, the system can separate magnet and printed circuit board assemblies from hard drives in about three seconds, with each unit potentially processing more than 30,000 drives per week on a single shift.
The recovered magnet assemblies will feed HyProMag’s proprietary Hydrogen Processing of Magnet Scrap technology for rare earth recovery, while circuit boards will be sold for precious metals extraction, offering a low-cost, sustainable route to maximise value from end‑of‑life data-centre hardware. By rolling out this technology in the UK, Germany, the U.S. and potentially hyperscale data centres globally, Mkango and its partners aim to secure a growing stream of critical rare earth materials, strengthen their position in the magnet recycling value chain and reduce costs and carbon footprint for data destruction stakeholders.
More about Mkango Resources
Mkango Resources is a dual-listed rare earths company on AIM and TSX-V focused on becoming a leader in recycled rare earth magnets, alloys and oxides through its Maginito subsidiary, which controls magnet recycler HyProMag in the UK, Germany and the U.S. The group is also developing primary rare earth supply from its Songwe Hill project in Malawi and the Pulawy separation plant in Poland, both designated Strategic Projects under the EU Critical Raw Materials Act.
For detailed information about MKA stock, go to TipRanks’ Stock Analysis page.

