HyProMag (Rare Earth Magnet Recycling) — project
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 31 December 2025
Description
As at 31 December 2025
Rare earth magnet recycling business held through Mkango's Maginito subsidiary, using Hydrogen Processing of Magnet Scrap (HPMS) technology to recover neodymium-iron-boron magnet feedstock from end-of-life sources. HyProMag operations and developments span the United Kingdom, Germany and the United States (HyProMag USA), forming the recycling pillar of Mkango's integrated rare earth and permanent-magnet strategy and a focus of the company's current expenditures.
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