CoTec affiliate HyProMag USA takes possession of Dallas-Fort Worth magnet recycling site
- CoTec affiliate HyProMag USA took occupation of a 125,000-square-foot Dallas-Fort Worth facility for its first US magnet recycling-manufacturing hub.
- Site work starts now that the lease is in effect, supporting detailed engineering, procurement, feedstock sourcing, customer engagement.
- Plant plans to use HPMS technology to produce 941 metric tons a year of recycled sintered NdFeB magnets plus 611 metric tons of co-products.
- Project targets a 40-year operating life, with 90-100 skilled jobs expected from the US buildout.
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. CoTec Holdings Corp. published the original content used to generate this news brief on June 03, 2026, and is solely responsible for the information contained therein.
