Mkango’s (LSE:MKA) subsidiary HyProMag is progressing the commissioning and scale-up of its rare earth magnet recycling and manufacturing facility at Tyseley Energy Park in Birmingham. The company is also strengthening commercial relationships, highlighted by a new collaboration with Siemens, which has integrated HyProMag’s recycled NdFeB magnets into a SIMOTICS servomotor rotor showcased at Hannover Messe. This development demonstrates the performance and commercial viability of recycled magnets in demanding industrial applications.
Production Growth and Operational Expansion
HyProMag has produced 9.2 tonnes of recycled NdFeB alloy powder so far, with 7.4 tonnes already delivered to customers. In addition, magnet samples have been supplied to more than 20 potential clients across sectors including motors, medical technology, and audio equipment. The company has begun automated pre-processing of hard disk drives to recover magnet scrap, while also extracting additional components such as printed circuit board assemblies. Plans are underway to expand capacity in phases, increasing output from an initial range of 100–350 tonnes per year to as much as 1,000 tonnes.
Technical Development and Strategic Partnerships
Ongoing technical work is focused on developing higher-coercivity NdFeB magnet grades, including the use of grain boundary diffusion techniques and blending recycled material with virgin inputs to meet rising demand from the automotive sector. These efforts are supported by the REACT UK project, which includes partners such as Jaguar Land Rover and Less Common Metals. HyProMag has also secured funding from the Advanced Propulsion Centre to support the development of a fully circular supply chain for automotive magnets and to assess the scalability of UK-based manufacturing for zero-emission vehicle technologies.
More about Mkango Resources
Mkango Resources is a rare earths company focused on building both primary and recycled supply chains, primarily through its HyProMag subsidiary operating in the UK, Germany, and the United States. HyProMag specialises in recycling neodymium-iron-boron (NdFeB) magnets using Hydrogen Processing of Magnet Scrap technology, supplying customers across industries including automotive, industrial motors, medical devices, and audio systems.
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