Canadian rare earths company Mkango Resources has opened Britain’s first commercial facility in a quarter of a century to produce permanent magnets, marking a milestone in efforts to reduce Western dependence on China for critical minerals
The new plant, located in Birmingham and operated by Mkango’s subsidiary HyProMag, produces permanent magnets from recycled materials rather than newly mined ore It uses a hydrogen-based recycling technology developed at the University of Birmingham, which enables rare earth magnets to be recovered from end-of-life products and converted into new magnetic material with significantly lower emissions than traditional mining and refining processes