Mkango Resources Ltd. (LSE:MKA) has successfully initiated production at its commercial-scale Hydrogen Processing of Magnet Scrap (HyProMag) facility located at Tyseley Energy Park in Birmingham, marking a major breakthrough for the company and its partners. This achievement represents the return of sintered magnet manufacturing to the UK for the first time in two decades. Supported by funding from UK Research and Innovation, the Tyseley plant is currently the only commercial-scale facility in the UK dedicated to producing rare earth sintered magnets.

Mkango’s partner, HyProMag, aims to substantially boost production capacity by 2026 and is actively exploring further expansion opportunities. This project not only supports the UK’s ambitions to secure critical mineral supply chains but also lays the groundwork for future growth in the domestic rare earth magnet sector.

About Mkango Resources

Mkango Resources Ltd. is an AIM- and TSX-V-listed company specializing in recycled rare earth magnets, alloys, and oxides. It seeks to become a market leader through its stake in Maginito Limited, a key player in rare earth magnet recycling operations across the UK and Germany. Mkango also holds significant rare earth assets including the Songwe Hill project in Malawi and the Pulawy separation facility in Poland, both designated as Strategic Projects under the EU’s Critical Raw Materials Act.

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