HyProMag USA Receives First Equipment in Texas

The Northlake, Texas rare earth magnet recycling and manufacturing facility took delivery of its first major process equipment.

Updated on Nov. 9, 2026 in Manufacturing

HyProMag USA Receives First Equipment in Texas

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HyProMag USA LLC delivered the first major process equipment to its Northlake, Texas facility, which will use Hydrogen Processing of Magnet Scrap technology for magnet-to-magnet recycling. The company is targeting initial magnet cutting and finishing operations in the first half of 2027.

Why it matters

The facility is expected to be one of the first commercial-scale integrated rare earth magnet recycling and manufacturing operations in the United States, and is expected to create approximately 100 direct jobs for the Texas region.

The company reports targeted NdFeB magnet output of approximately 4,192 metric tons per year by 2034, with recycled output at Northlake of about 1,526 metric tons per year, against claimed reductions of 88% in energy use and 85% in carbon emissions versus conventional methods. Permitting and contractor selection remain in progress, and Phase 1 commissioning is only a target for mid-2028.

The players

HyProMag USA LLC

A U.S. subsidiary jointly owned by CoTec Holdings Corp. and HyProMag Limited, developing rare earth magnet recycling in Texas using the HPMS process developed over 15 years with more than US$100 million in R&D investment.

Oncor Electric Delivery Company LLC

The electric transmission and distribution utility serving the Dallas-Fort Worth region, which is securing electrical power capacity for the Northlake facility.

The details

HyProMag USA LLC, owned 50:50 by CoTec Holdings Corp. and HyProMag Limited, leased the Northlake facility at Ironhead Commerce Center in Denton County in December 2025. Electrical power capacity is secured through Oncor Electric Delivery Company LLC, and the site is near the BNSF intermodal rail link and Alliance Airport.

Timeline

  1. December 2025: Long-term lease secured for the Northlake facility.

  2. October 26, 2026: Expansion Pre-Feasibility Study announced.

  3. November 9, 2026: First major process equipment delivery announced.

  4. First half of 2027: Targeted start of initial magnet cutting and finishing operations.

  5. Mid-2028: Targeted commissioning of Phase 1 integrated operations.

Market Landscape

The Northlake project applies the Hydrogen Processing of Magnet Scrap process, developed over 15 years, to produce recycled rare earth magnets domestically. It positions the U.S. to build a magnet supply chain that does not depend solely on imported primary rare earth material.

For Texas residents, the project is expected to create approximately 100 direct jobs at the Northlake site. Its planned domestic recycling of rare earth magnets could affect the availability of materials used in motors and electronics over the coming years.

The takeaway

The project shows how magnet recycling may reduce reliance on imported primary rare earth materials while cutting energy use and emissions, though its full benefits depend on meeting the 2027 and 2028 timelines.

What happens next

Phase 1 integrated recycling and manufacturing operations are targeted for commissioning in mid-2028, following initial magnet cutting and finishing operations targeted for the first half of 2027.

Further reading

Explore more Manufacturing coverage for related industrial projects across Texas.

Source note: This article includes information reported by Hawaii Telegraph.

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