HyProMag USA starts long-lead equipment procurement

Jun 22, 2026 · Production Milestone · HyProMag USA · Materials

HyProMag USA began ordering critical-path equipment for its planned Texas magnet-recycling and manufacturing hub.

HyProMag USA company media
Company media · HyProMag USA
  • Procurement followed completion of the Class 2 cost estimate.
  • H2 2027 commissioning remains a project target, not operating production.

US rare-earth magnet recycling and manufacturing joint venture developing finished NdFeB magnet capacity.