Mkango Resources Limited Provides Update on HyProMag USA Project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 15 2025
0mins
Source: Yahoo Finance
Project Update: HyProMag USA is progressing in the Detailed Design phase for its rare earth magnet recycling and manufacturing facility in Texas, with 25% completion and plans to supply sustainable neodymium iron boron magnets to the U.S. market.
Expansion Plans: The company is exploring the establishment of additional hubs in Nevada and South Carolina, while also conducting a Concept Study for a "Long-loop" recycling process to enhance its operations in the U.S.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
