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M&A / Property

Mkango, Cotec's HyProMag buys Inserma separation units

By The Northwire Desk — AI Analysis Sep 30, 2025 · 09:57 MKA · 0.87 Mkango Resources Ltd.
MKA · Price

Executive Summary

  • Mkango Resources Ltd. (via HyProMag USA LLC) purchased three skid‑mounted Inserma Anoia SL magnet and PCB separation units for rapid HDD rare‑earth magnet extraction.
  • The units will be operated by Intelligent Lifecycle Solutions LLC, supporting feedstock stockpiling for HyProMag’s Texas recycling hub and future preprocessing sites in South Carolina and Nevada.
  • HyProMag USA projects the Texas hub to produce up to 750 t/yr of recycled NdFeB magnets and 807 t/yr of co‑products (total payable capacity 1,557 t/yr within five years), creating ~90–100 skilled jobs and delivering a low carbon footprint (2.35 kg CO₂e/kg product).

Key Details

  • Equipment Purchase: Three Inserma Anoia SL skid‑mounted units capable of removing HDD voice coil motors in <2 seconds per drive, separating rare‑earth magnets from PCBs for downstream hydrogen processing (HPMS).
  • Operator: Intelligent Lifecycle Solutions LLC (ILS) will locate and run the units, stockpiling feedstock for HyProMag USA’s Fort Worth facility.
  • Production Capacity (Texas Hub):
  • 750 t/yr recycled sintered NdFeB magnets
  • 807 t/yr NdFeB co‑products (total payable capacity 1,557 t/yr within five years)
  • 40‑year operating life with optional expansion to supply U.S. market alloy powder.
  • Job Creation: Estimated 90–100 skilled magnet manufacturing positions in Texas.
  • Carbon Footprint: Independent ISO‑compliant study shows 2.35 kg CO₂e per kg of NdFeB sintered block – exceptionally low emissions.
  • Strategic Partnerships & Timeline:
  • September 2024: Maginito Ltd. secured exclusive agreement with Inserma for HDD, loudspeaker, and electric motor preprocessing.
  • March 2025: HyProMag USA expanded engineering phase to three HPMS vessels; initiated concept studies for further expansion.
  • August 2025: ILS began formal feedstock stockpiling under a share‑agreement with HyProMag USA.
  • September 2025: Concept studies launched for Nevada & South Carolina preprocessing sites and long‑loop recycling with Worley Group Inc.
  • Corporate Structure: HyProMag USA is 50/50 owned by Cotec Holdings Corp. and HyProMag Ltd.; HyProMag Ltd. is wholly owned by Maginito Ltd., which is 79.4 % owned by Mkogo Resources and 20.6 % by Cotec.

Notable Quotes

  • Julian Treger, CEO – Cotet Holdings Corp.: “Preprocessing technologies are a key enabler and competitive advantage for HyProMag USA…the batch process design of the Texas facility supports consistent finished grades of magnets and blocks.”
  • Will Dawes, CEO – Mkango Resources Ltd.: “The combination of HPMS and Inserma technologies delivers a cost‑effective, low‑CO₂ solution for recycling rare‑earth magnets from HDDs…unlocking additional feedstock sources to support HyProMag’s rapid growth profile.”
Read the original news release →

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