Mkango subsidiary HyProMag supplies recycled NdFeB magnets for Siemens SIMOTICS rotor

  • Mkango subsidiary HyProMag advanced commissioning and scale-up of commercial rare earth magnet recycling and manufacturing facility at Tyseley Energy Park in UK.
  • HyProMag produced 9 tonnes of recycled NdFeB alloy powder since commissioning HPMS vessel last year; 7 tonnes shipped to customers.
  • Siemens incorporated HyProMag recycled NdFeB magnets into SIMOTICS servomotor rotor presented April 21, 2026, signaling early industrial adoption.
  • Automated hard disk drive pre-processing started at Tyseley site, expanding feedstock supply for HPMS processing.
  • Capacity expansion under review from next year to 100-350 tpa, with longer-term target of 1,000 tpa supported by DRIVE35 feasibility grant.


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