HyProMag (Rare Earth Magnet Recycling)
Project information
As at 31 December 2025
Type:
Processing Facility
Type:
Processing Facility
Aggregation level:
Asset
Aggregation level:
Asset
Status:
Operating
Status:
Operating
Report standard:
-
Report standard:
-
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Processing Facility
Extraction:
Processing Facility
Country:
United Kingdom
Country:
United Kingdom
Facility kind:
Other
Facility kind:
Other
Licensed capacity:
-
Licensed capacity:
-
Capacity unit:
-
Capacity unit:
-
Capacity period:
-
Capacity period:
-
Capacity kind:
-
Capacity kind:
-
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.
Processing facilities
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