HyProMag USA is a rare earth magnet recycling and manufacturing company that aims to create a secure, domestic, and scalable magnet supply from end-of-life materials. Operating in the United States, we offer a more reliable and resilient alternative to conventional magnet production, we build for scale and long-term industrial demand.
HyProMag USA LLC is owned equally by CoTec Holdings Corp. (TSX-V: CTH; OTCQB: CTHCF) (“CoTec”) and HyProMag Limited. HyProMag Limited is 100% owned by Maginito Limited which is owned on a 79.4%/20.6% basis by Mkango Resources Ltd. (AIM/TSX-V: MKA) and CoTec. Bringing together proven technology, deep industry expertise, and long-term strategic backing.