Company profile
HyProMag USA
HyProMag USA is developing domestic US recycling and manufacturing capacity for neodymium-iron-boron permanent magnets. Its Texas hub uses HyProMag's hydro...
Facts
- Segment
- MATERIALS
- Country
- US
- Headquarters
- Dallas–Fort Worth, Texas
- Founded
- 2024
- Website
- https://hypromagusa.com/
About HyProMag USA
HyProMag USA is developing domestic US recycling and manufacturing capacity for neodymium-iron-boron permanent magnets. Its Texas hub uses HyProMag's hydrogen-processing technology and is structured as a 50:50 venture between CoTec and HyProMag Limited.
Supplies a critical motion-component input used across motors, actuators and other electromechanical systems.
Market context
SUPPLY_CHAIN
Summary
Type: Magnet supplier
Core: Recycled NdFeB
Function: Run production
Audience: Motor makers
Research, Articles and recent verified events
- HyProMag USA fast-tracks Texas magnet-finishing commissioning — 2026-07-27
- HyProMag USA starts long-lead equipment procurement — 2026-06-22
- HyProMag USA secures Texas Hub lease — 2025-12-11
- CoTec and Maginito form HyProMag USA joint venture — 2024-01-03