hypromag

Materials/Manufacturing

Mkango to Acquire Heraeus Remloy Magnet Recycling Plant in Germany, Builds Momentum via Subsidiary HyProMag in UK 

June 29, 2026 Editorial Staff 0

Mkango Resources has signed an asset purchase agreement with metals company Heraeus to acquire its startup Remloy rare earth magnet recycling business in Germany for $9.4 million with plans to link it to Mkango’s subsidiary HyProMag which just opened its own magnet recycling plant in the country. Meanwhile, the company reports other significant new technical and business developments at HyProMag, which is based in Birmingham in the UK. […]

Materials/Manufacturing

Mkango’s HyProMag in UK Teams Up with Japan-based Recyler Envipro 

July 23, 2024 Editorial Staff Comments Off on Mkango’s HyProMag in UK Teams Up with Japan-based Recyler Envipro 

Envipro Holdings, a major metals recycling company based in Japan, and HyProMag located in the UK have begun a collaboration on the recycling of rare earth magnets that will involve operations of both companies in Japan and Europe. The head of Mkango Resources, HyProMag’s parent company, calls it the first step in the roll-out of its recycling technology in Asia.  […]

Materials/Manufacturing

Mkango to Acquire HyProMag, Aims for Magnet Recycling Plants in UK, Germany and USA 

June 29, 2023 Editorial Staff Comments Off on Mkango to Acquire HyProMag, Aims for Magnet Recycling Plants in UK, Germany and USA 

Mkango Resources is paying up with the help of a new partner up to acquire full control of pioneering British magnet recycler HyProMag. The companies plan to build a plant in the U.S. next, rolling out further HyProMag’s technology for processing of magnet scrap using hydrogen, developed at the University of Birmingham. First production using the process is targeted for the UK this year, Germany in 2024 and the U.S. to follow as the Vancouver-based minerals company continues to pursue development of its Songwe Hill rare earths property in Africa. […]