Commissioning of finished magnet production equipment targeted for H1-2027, ahead of fully integrated U.S. operations in Q2 2028
DALLAS-FORT WORTH, TX / ACCESS Newswire / July 27, 2026 / HyProMag USA, LLC ("HyProMag USA" or the "Company"), a U.S.-based leader in rare earth magnet recycling and manufacturing, announces a phased development strategy for its Ironhead facility in Dallas-Fort Worth, Texas (the "Texas Hub"), including fast-tracking of magnet finishing equipment commissioning and initial production.
Accelerated magnet finishing and initial sales
Under the phased plan, HyProMag USA is now targeting commissioning of initial finished neodymium-iron-boron ("NdFeB") magnet production equipment in Texas in H1, 2027. These initial U.S. operations will utilize up to 20 tonnes of magnet blocks supplied by HyProMag Group operations in the United Kingdom[i] and Germany[ii] to be shaped and finished at HyProMag USA's operations for U.S. customers. The supply of finished magnet products to European customers from HyProMag operations in UK and Germany will not be affected by these arrangements.
Commitment to early works capital supports commissioning of the integrated Texas Hub's Hydrogen Processing of Magnet Scrap ("HPMS") section now targeted for the second quarter of 2028. At that stage, HyProMag USA expects to begin integrating U.S.-sourced magnet-bearing feedstock into its domestic recycling and magnet manufacturing operations.
