Maginito to Acquire Pioneering Rare Earth Magnet Recycler HyProMag
2023-05-15 23:01:45 HIGHLIGHTS: Maginito (Mkango 90%; CoTec 10%) to increase ownership in HyProMag from 42% to 100% for £1 million (C$1.69 million) in cash and £1 million (C$1.69 million) in Mkango shares, and a further £3 million (C$5.07 million) payable in four tranches of Mkango common shares subject to production and other milestones in the […]
Mkango Announces HyProMag Expansion Into Germany
2021-11-15 00:11:43 Highlights HyProMag Limited (“HyProMag”) subsidiary established in Germany to rollout commercialisation of HPMS (Hydrogen Processing of Magnet Scrap) technology into Germany and Europe, and to further support Government initiatives to strengthen European rare earth supply chains and accelerate the green transition New German subsidiary, HyProMag GmbH, is 80% owned by HyProMag Limited and […]