HyProMag Texas Rare-Earth Recycling Hub Secures Power; Magnet Finishing Targeted for 2027
The Dallas-Fort Worth project is moving closer to production as HyProMag USA advances permitting and contractor selection for a facility intended to recover and manufacture rare-earth permanent magnets for U.S. markets.
MONTREAL (RecyclingMonster): HyProMag USA has secured electrical power capacity for its planned rare-earth magnet recycling and manufacturing hub in Dallas-Fort Worth, Texas, marking another development milestone as the company works toward initial U.S. magnet production.
Oncor Electric Delivery Company will provide power capacity for the project's initial cutting and finishing operations and Phase 1 development. HyProMag said a future substation upgrade would provide a pathway for the planned second phase.
The company is targeting commissioning of initial magnet cutting and finishing operations in the first half of 2027. Those operations will initially use neodymium-iron-boron (NdFeB) magnet blocks supplied by HyProMag Group operations outside the U.S. to produce finished magnets for qualification with American customers.
Integrated Rare-Earth Recycling Targeted for Mid-2028
HyProMag's Phase 1 development is targeted for completion in mid-2028 and represents the project's first integrated recycling and magnet manufacturing stage.
The phase is designed to produce approximately 550 metric tons per year of sintered NdFeB magnet blocks and finished magnets, along with approximately 484 metric tons of co-products, for total payable production of about 1,034 metric tons annually.
Phase 2 would expand designed total payable production to approximately 1,526 metric tons per year.
Permitting and Contractor Selection Move Forward
Weston Solutions is advancing permitting work for the Texas project, while engineering partner PegasusTSI has begun a request-for-quotation process to select a general contractor for the initial cutting and finishing operation.
HyProMag said the Texas facility is ultimately intended to process magnet-bearing material recovered from sources including end-of-life electric-vehicle motors, data-center and industrial equipment, consumer electronics and manufacturing scrap.
Recovered material would feed production of NdFeB permanent magnets used across applications including electric vehicles, robotics, advanced electronics, defense systems and AI infrastructure.
The 2027 Start Matters, but the Real Recycling Milestone Comes Later
The takeaway: HyProMag is moving closer to U.S. production, but there is an important distinction. The company's planned 2027 operation is primarily a magnet-finishing step. The fully integrated U.S. recycling loop is targeted for Phase 1 in mid-2028.
Why that distinction mattersThe 2027 line is expected to turn magnet blocks supplied by HyProMag's overseas operations into finished U.S. products. Once Phase 1 is operating, the Texas hub is intended to add the more significant recycling step: recovering magnet material and remanufacturing it into new NdFeB products.
The project is moving from concept to infrastructureRecyclingMonster reported in April that HyProMag had commissioned a preprocessing system in South Carolina as part of a planned U.S. hub-and-spoke network for recovering magnets from electronic scrap.
Today's power agreement, active permitting work and contractor-selection process show a different stage of development: the central Texas hub is now moving through the practical infrastructure steps required before equipment can be commissioned.
Why this story reaches beyond recyclingRare-earth magnets sit inside products that extend far beyond the traditional recycling sector, including electric motors, data-center equipment, robotics, defense systems and advanced electronics. That gives recovered magnets a direct connection to some of the fastest-growing and most strategically important manufacturing supply chains in the U.S.
HyProMag said electricity for the facility is expected to come predominantly from renewable sources. The company's production dates and capacity figures remain targets and are subject to permitting, construction, equipment commissioning, feedstock supply and other project-development requirements.
