Mkango Resources (LSE:MKA) has announced that its subsidiary HyProMag has officially opened a rare earth magnet recycling and manufacturing plant in Pforzheim, Germany. The launch event was attended by a senior representative from the German Federal Ministry for Economic Affairs and Energy. The facility utilises patented Hydrogen Processing of Magnet Scrap (HPMS) technology, originally developed at the University of Birmingham, to recover and produce neodymium-iron-boron (NdFeB) magnets and alloys from recycled materials.
Capacity ramp-up planned as strategic importance grows
The site is currently permitted to handle up to 750 tonnes of material annually. Initial production capacity is expected to start at around 100 tonnes of NdFeB magnets, with plans to increase output toward 350 tonnes in the near term. A phased expansion to full capacity is under consideration over the next three years as operations scale.
HyProMag’s expansion into Germany has also been recognised in a joint UK-Germany statement on critical raw materials, highlighting its role in strengthening supply chain resilience. The facility is positioned to help diversify sources of rare earth magnets, reduce reliance on primary extraction, and support key industries such as automotive and clean energy.
Strategic positioning in sustainable rare earth supply
The development reinforces Mkango’s role in building a circular and sustainable rare earth supply chain, particularly within Europe. By focusing on recycling and advanced processing, the company aims to provide secure inputs for industries reliant on high-performance magnets, including electric vehicles and renewable energy systems.
More about Mkango Resources
Mkango Resources is a dual-listed rare earths developer focused on producing recycled magnets, alloys and oxides through its majority-owned Maginito subsidiary. Alongside its recycling operations, the company is advancing primary rare earth projects in Malawi and a separation facility in Poland, both designated as Strategic Projects under the EU Critical Raw Materials Act. Its portfolio is aligned with growing demand from sectors such as electric vehicles, wind energy and other clean technologies.
Leave a Reply