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CoTec affiliate HyProMag USA secured power capacity with Oncor for its Texas rare earth magnet recycling and manufacturing hub. Electricity supply is expected to come predominantly from renewable energy resources. Cutting and finishing operations are targeted for commissioning in H1 2027 using NdFeB magnet blocks suppl
Mkango said HyProMag USA secured power with Oncor for its Texas rare earth magnet hub. Cutting and finishing are targeted for H1 2027, with Phase 1 completion targeted for mid-2028 and production of about 550 tonnes per year of NdFeB magnets and 484 tonnes per year of co-products. Phase 2 is envisaged to bring total ca
CoTec Holdings said HyProMag USA secured power and advanced project readiness for its Texas rare earth magnet recycling and manufacturing hub.