@MkangoResources has launched a rare earth magnet recycling and manufacturing facility at
@TyseleyEnergy in Birmingham, UK. Marking the UK’s first commercial rare earth magnet production in 25 years.
This development provides a strong platform for further scale-up for
#MKA in the
#UK and international roll-out, already underway in
#Germany and the
#USA, with other countries being assessed for further expansion with
@CoTecCorp
William Dawes, Chief Executive of Mkango and Director of
#HyProMag commented: “This is a landmark achievement and transformational for rare earth supply chains, bringing back magnet manufacturing to the UK after 25 years and is underpinned by a home-grown technology, HPMS, that not only delivers a cost advantage, but has a minimal carbon footprint.
Since Mkango’s first investment in HyProMag in 2020 and HyProMag UK’s ongoing collaboration with the
@unibirmingham as the commercial partner and exclusive licensee, it is fantastic to see HPMS technology progress to commercialisation with the support of Innovate UK and ongoing collaboration with the University of Birmingham and is a credit to the vision and determination of everyone involved.