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CoTec affiliate HyProMag USA targets Texas magnet finishing line start in H1 2027

PUBT·07/27/2026 11:05:43
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CoTec affiliate HyProMag USA targets Texas magnet finishing line start in H1 2027
  • CoTec affiliate HyProMag USA set a phased buildout for its Texas magnet hub, targeting finished NdFeB magnet equipment commissioning in H1 2027.
  • Initial U.S. output to use up to 20 tonnes of magnet blocks supplied from HyProMag Group operations in the UK and Germany.
  • Commissioning of the HPMS recycling section targeted for Q2 2028, with initial annual capacity of about 678 metric tonnes of payable NdFeB material.
  • Full targeted annual capacity remains about 1,526 metric tonnes of magnetic products, supported by staged equipment installation and ramp-up.
  • HyProMag USA has ordered long-lead items, including HPMS vessels and finishing equipment, as it advances engineering and customer offtake talks.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoTec Holdings Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607270700ACCESSWRNAPR_____1196597) on July 27, 2026, and is solely responsible for the information contained therein.