Rns Out9 Mar 2026 07:01
MKANGO SUBSIDIARY, HYPROMAG, COMMISSIONS SECOND UK INSERMA UNIT FOR RAPID AUTOMATED PRE-PROCESSING OF HARD DISK DRIVES AND RECYCLING OF RARE EARTHS AND PRECIOUS METALS
London / Vancouver: March 9, 2026 - Mkango Resources Ltd. (AIM/TSX-V: MKA) ("Mkango") is pleased to announce that HyProMag Limited ("HyProMag") has successfully commissioned a second automated hard disk drive ("HDD") pre-processing unit in the UK, co-located at the recently opened commercial scale magnet recycling and manufacturing facility at Tyseley Energy Park, Birmingham.
Highlights:
· Cutting-edge technology developed and manufactured by HyProMag partner, Inserma Anoia S.L. ("Inserma"), to separate the magnet and printed circuit board assemblies (PCBA) from HDDs in seconds
· As part of the commissioning phase, a batch of 13,000 HDDs is being processed at Tyseley, with potential for one unit to process more than 30,000 HDDs per week on a single shift once fully commissioned
· The separated magnet assemblies from the HDDs will be processed via the patented Hydrogen Processing of Magnet Scrap (HPMS) technology being commercialised by HyProMag, and the PCBAs will be sold for precious metals recovery
· Low-cost sustainable automated solution, maximising potential value recovery and recyclability of critical elements in the HDD
The technology is being rolled-out into multiple jurisdictions with partners, Inserma, Intelligent Lifecycle Solutions Limited ("ILS") and CoTec Holdings Limited ("CoTec"), with further units already delivered for commissioning at HyProMag GmbH's facility in Pforzheim, Germany, and to HyProMag USA as per the following press release: HyProMag USA advances US Hub & Spoke Strategy
William Dawes, Chief Executive of Mkango and Director of HyProMag commented: "This is the second groundbreaking technology to be brought to commercial scale by HyProMag and its partners. Complementary to the HPMS technology being commercialised in the UK, Germany and USA, the Inserma technology unlocks a burgeoning source of NdFeB feedstock from HDDs, geared to large-scale data centre deployment on a global scale which is expected to be a major source of end-of-life HDDs. A five times growth in data centres is expected in Europe alone."
Nick Mann, Managing Director of HyProMag Ltd commented: "With millions of HDDs reaching end of life every year at data centres across the UK, the opportunity to recover critical materials is obvious. With PCBA separation, magnet separation and the centre spindle removal, the Inserma technology not only enables material recovery but also enhances data destruction processes and can even lower those costs. So, with critical material recovery, value add, improved sustainability and lower operating costs for data destruction, this is a rare case where all stakeholders can share the benefits."
Paco Ortiz, Director of Inserma commented: "We have a longstanding working relationship with HyProMag, Uni