HyProMag Secures Magnet Scrap to Power US Rare Earth Recycling

HyProMag USA

HyProMag secures magnet scrap to underpin a Texas recycling and manufacturing hub. By locking supply with ILS, HyProMag secures magnet scrap from HDDs and other streams. As a result, HyProMag secures magnet scrap that strengthens US NdFeB circularity and reduces import dependence.

Texas hub targets HDDs and high-growth data centers

HyProMag will build a rare earth magnet recycling and manufacturing facility in Dallas–Fort Worth. The project targets HDD recycling as large data centers expand. ILS will stage NdFeB feedstock at Williston and Reno. The sites will collect HDD magnets and other eligible materials.

Capacity and feedstock broaden beyond HDD magnets

The DFW hub is designed for 750 t/yr of recycled sintered NdFeB magnets. It also plans 807 t/yr of NdFeB co-products over a 40-year life. HyProMag has already processed rotors, wind turbine magnets, speaker assemblies, and MRI systems. Therefore, diversified feed unlocks steadier plant utilization and product mix.

HyProMag’s agreement with ILS improves logistics and inventory control. The arrangement secures storage and pre-processing near feed sources. Meanwhile, US siting supports shorter lead times for domestic buyers. This could enhance supply chain resilience for EVs, electronics, and industrial motors.

Downstream customers seek traceable, low-carbon magnet supply. Recycled NdFeB can cut primary mining intensity. In turn, reliable scrap flows help stabilize pricing and delivery. The initiative aligns with growing US policies backing critical material recovery.

The Metalnomist Commentary

This move elevates US magnet circularity at a pivotal time for data-center growth. Watch for offtake deals with motor and storage OEMs; they will determine scale-up pace and pricing power.