Mkango Resources Limited Announces HyProMag Usa Purchase Inserma Pre-Processing Units

Executive Summary

• HyProMag USA purchased three skid‑mounted Inserma magnet and PCB separation units for new rare‑earth magnet recycling hubs in Texas, Nevada and South Carolina.
• The Texas hub is projected to produce 750 t/yr of recycled NdFeB magnets and 807 t/yr of co‑products (total 1,557 t/yr) over a 40‑year life, creating ~90–100 skilled jobs.
• Multiple feasibility and concept studies have been commissioned, confirming low carbon footprint (2.35 kg CO₂e/kg NdFeB) and outlining further expansion into Nevada, South Carolina and long‑loop recycling with Worley Group.

Key Details

• Equipment Purchase: HyProMag USA acquired three Inserma Anoia S.L. skid‑mounted units for rapid VCM extraction (<2 s per HDD) and PCB separation.
• Location & Operation: Units will be sited at hyperscale data centre/recycling facilities and operated by Intelligent Lifecycle Solutions (ILS), which is stockpiling feedstock for the Texas hub.
• Texas Hub Capacity: 750 t/yr recycled sintered NdFeB magnets + 807 t/yr NdFeB co‑products = 1,557 t/yr total payable capacity within five years of commissioning; 40‑year operating life.
• Job Creation: Expected to generate 90–100 skilled magnet manufacturing positions in the United States.
• Carbon Footprint Study (Mar 2025): Independent ISO‑compliant analysis confirmed a CO₂ intensity of 2.35 kg CO₂e per kg of NdFeB sintered block.
• Feedstock Stockpiling (Aug 2025): ILS began formal feedstock stockpiling under the supply and pre‑processing site share agreement with HyProMag USA.
• Concept Studies (Sept 2025):
• Expansion feasibility for Nevada and South Carolina sites commissioned.
• Long‑loop recycling concept study launched in partnership with Worley Group Inc.
• Previous Agreements: In Sep 2024, Maginito secured exclusive rights with Inserma to commercialise automated pre‑processing of HDDs, loudspeakers and electric motors for HyProMag.
• Corporate Structure: HyProMag USA is a 50:50 joint venture between CoTec Holdings Corp. and HyProMag Limited (100 % owned by Maginito, which is 79.4 % owned by Mkango).

Notable Quotes

“The combination of HPMS and Inserma technologies delivers a cost‑effective, low CO₂ and flexible solution for the recycling of rare earth magnets from HDDs… unlocking additional sources of feedstock to support HyProMag's rapid growth profile.” – Will Dawes, Mkango CEO

“We are very excited to see the rapid development of the Inserma partnership. Pre‑processing technologies are a key enabler and competitive advantage for HyProMag USA…” – Julian Treger, Chief Executive of CoTec