HyProMag USA targets H1 2027 start for magnet finishing line at Texas Hub

Reuters2026/07/27 06:03

By:Reuters

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Mkango said HyProMag USA will commission finished NdFeB magnet production equipment at its Texas Hub in H1 2027.
Initial output targets up to 20 tonnes of magnet blocks supplied from HyProMag operations in the UK and Germany for U.S. customers.
Commissioning of the Texas Hub’s HPMS recycling section now targets Q2 2028, enabling integration of U.S.-sourced magnet-bearing feedstock.
Integrated operations target initial annual capacity of about 400 metric tonnes of recycled sintered NdFeB magnets plus 278 metric tonnes of NdFeB co-products.
HyProMag USA reiterated a staged ramp-up toward a previously stated full annual capacity target of about 1,526 metric tonnes of magnetic products.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mkango Resources Ltd. published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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HyProMag USA targets H1 2027 start for magnet finishing line at Texas Hub

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