Member Info for Floyd81

Caroline Diggory’s Post on LinkedIn

Critical Minerals Investment Senior Manager @ Department for Business and Trade

British Embassy in Tokyo Japan

30th Oct 2025

‘UK Rare Earth Permanent Magnets Mission to Japan’

Included Prof. Allan Walton HyProMag

✨ Sometimes, you must swap PPE for business attire and make magnetic connections! ✨

We’ve just wrapped up our first-ever business matchmaking event at the British Embassy in Tokyo focused on one of the most critical areas of industrial resilience: rare earths permanent magnets.

This landmark event brought together UK and Japanese businesses to forge partnerships that will help build resilient, secure, and sustainable supply chains - a key priority under the UK’s modern industrial strategy.

From technical deep-dives to commercial sparks, the room was buzzing with energy and potential. We’ve set clear deliverables and laid the groundwork for future collaboration in this strategically vital sector.

Massive thanks to:

Our brilliant colleagues in Tokyo 🇯🇵

The innovative businesses who participated 💼

And to METI for their generous support and engagement 🤝

Here’s to strong connections and even stronger supply chains! We’re already feeling the pull toward what's next 🧲

Martin Wood Julian Hetherington MBE Anwen Morrison Harriet Loos Yuko Yuhara Robin Walker Anli Minami Toshihiko Hiranuma Maud G.

LESS COMMON METALS LIMITED HyProMag Ltd Ionic Technologies Pure Alchemi Silex World Ltd Ionic Rare Earths Limited

Grant Smith Allan Walton Tim Harrison Thomas Kelly Ryan Findlay Clem Chambers

https://www.linkedin.com/posts/caroline-soury_sometimes-you-must-swap-ppe-for-business-activity-7389827553944944642-Rm43?rcm=ACoAADwwVbYBydBP7dz1Yo5clmEStb2paNQ71as

Also, Our man that was in Japan.

16th Sept 2025

Dr Jarosław Pączek, Mkango Country Director for Poland.

Pulawy rare earth separation plant

During my recent visit to Japan, I was honored to join a delegation organized by European Commission headed by the Vice-President Stéphane Séjourné.  On this occasion I participated in various meetings such as with Japan Organization for Metals and Energy Security (JOGMEC) and representatives of the various Japanese industrial sectors, culminating in the meeting with the Prime Minister of Japan Mr Shigeru Ishiba. I am deeply grateful for such a significant opportunity.

Alongside CARESTER, Savannah Resources PLC, Iberian Resources Corp., 21st.BIO, and AustroCel Hallein GmbH, I have had the privilege of presenting the Mkango Resources Ltd. rare earth separation plant project in Puławy, Poland.

I am strongly convinced that the meetings in Japan represent a vital contribution to strengthening the resilience of critical raw material supply chains and fostering long-term collaboration between Europe and Japan.

https://www.linkedin.com/posts/dr-jaros%C5%82aw-p%C4%85czek-fciarb-13558396_during-my-recent-visit-to-japan-i-was-honored-activ

HyProMag USA ?

EXIM Bank Board Meeting

Monday 2nd February, 2026

Agenda of the Closed Meeting of the Board of Directors

5. DOMESTIC FINANCE
Transaction No.: AP300117 Country: United States
Borrower/PSOR: Legally independent DELAWARE entity Guarantor: None
Exporter/End-User: N/A
Guaranteed Lender: None (direct loan)
Product: A facility to support U.S. companies, domestic employment, and SUPPLY CHAIN RESILIENCE
NAC Review Required: N/A
Public Notice and Comment Required: Yes Congressional Notification Required: Yes Decision Required: 
FINAL APPROVAL

(HyProMag Address is 200 Continental Drive, Suite 401, Newark, DELAWARE, USA 19713)

https://www.exim.gov/news/minutes/board-meeting-minutes-2026-02-02

Application for Final Commitment for a Long-Term Loan or Financial Guarantee in Excess of $100 Million: AP300117XX-USA

To support domestic supply chain resilience and U.S.-based manufacturing capacity through EXIM's import authority. The facility is intended for U.S.-based operations and domestic project needs.

https://www.federalregister.gov/documents/2025/12/30/2025-23978/application-for-final-commitment-for-a-long-term-loan-or-financial-guarantee-in-excess-of-100

MKA RNS 4880M From June 12, 2025

HyProMag USA Receives “Make More in America” Domestic Finance Letter of Interest for Up to US$92 Million From US EXIM Bank

June 12, 2025

https://mkango.ca/news/hypromag-usa-receives-make-more-in-america-domestic-finance-letter-of-interest-for-up-to-us-92-million-from-us-exim-bank/

The Critical Minerals Race And America’s Recycling Opportunity

27th Jan 2026

https://www.forbes.com/sites/kristenkaufman/2026/01/27/critical-minerals-race-and-americas-recycling-opportunity/

Will: So what we're looking to do in Birmingham is scale up that plant to around 1,000 tonnes a year minimum. And we're kicking off that process now.

BBC: And from a policy perspective, are there things that would help?

Will: Absolutely. I think there's a range of things. What we need to ensure is those end of life assemblies don't end up being sent overseas. We need to capture that material in the UK. And really, it's government support and funding to scale up.

Examples of UK Gov. Funding

DRIVE35 Scale-up Fund

UK registered organisations can apply for a share of up to £150 million to create scale up manufacturing facilities for zero emission vehicle technologies.

* Competition opens: Wednesday 17 September 2025

* Competition closes: There is no submission deadline

https://apply-for-innovation-funding.service.gov.uk/competition/2279/overview/029bd996-9abd-42d9-8134-e2d34e3cfff5#summary

Funding competition

Advanced manufacturing supply chain innovation FS

UK registered businesses and research and technology organisations (RTOs) can apply for a share of up to £5 million for feasibility studies. These will make supply chains more resource efficient and resilient through addressing cross cutting challenges.

* Competition opens: Monday 2 February 2026

* Competition closes: Wednesday 11 March 2026 11:00am

https://apply-for-innovation-funding.service.gov.uk/competition/2384/overview/2ad8ce21-d3f6-48bf-b55a-5af2a892a1e0

From 16:08 mins

https://bbc.com/audio/play/m002qhzw

Nick Mann Managing Director @ HyProMag Ltd.

https://www.linkedin.com/posts/tyseley-energy-park_memberspotlight-innovation-magnetrecycling-activity-7420408215554727937-Yrs5?utm_medium=ios_app&rcm=ACoAADwwVbYBydBP7dz1Yo5clmEStb2paNQ71as&utm_source=social_share_video_v2&utm_campaign=copy_link

What are you excited for in the clean growth sector in 2026?

“So the potential for growth over the next year, the excitement I suppose for that is there’s a lot more people in the UK moving forwards with electrification. So several car manufacturers for example are putting their own motor build assembly halls in place.

So for us being able to supply those companies with magnets is a really exciting opportunity.

There’s also around the Midlands a huge recycling network as a lot of people here that are looking at how do we get some of these critical materials out of the waste streams and recycle them and that fits perfectly with what we are doing as well. So the opportunity for us to grow, the opportunity for the market around us to grow in the UK is huge”

Motor build assembly halls…..

YASA - Supported like HyProMag by the Advanced Propulsion Centre (APC)

https://yasa.com/

YASA opens UK’s first super factory dedicated to the production of axial-flux electric motors

19 May 2025

Enabling production of axial-flux electric motors to scale beyond 25,000 units per year.

https://www.themanufacturer.com/articles/yasa-opens-uks-first-super-factory-dedicated-to-the-production-of-axial-flux-electric-motors/

Tim Woolmer Founder & CTO on recycling magnets 14 years ago…

https://youtu.be/6m_iIbX0gmA?si=02K8Q9i1AbEGz0DG&t=287

Evolito based in Bicester - Electric Flight

https://evolito.aero/

Will on LinkedIn

(Note the last paragraph)

https://www.linkedin.com/posts/william-dawes-50881352_rareearth-hypromagusa-mineralssecuritypartnership-activity-7420837777128357889-ouTu?utm_medium=ios_app&rcm=ACoAADwwVbYBydBP7dz1Yo5clmEStb2paNQ71as&utm_source=screenshot_social_share&utm_campaign=copy_link

Great to see this BBC coverage highlighting how the patented Hydrogen Processing of Magnet Scrap (HPMS) technology developed at the University of Birmingham has progressed from the lab to commercial scale!

Mkango Resources Ltd. Is very pleased to have shared this journey with University of Birmingham since our 2020 investment into HyProMag Ltd, the commercial partner for the Tyseley Energy Park #RareEarth magnet recycling and manufacturing development and exclusive licencee of HPMS technology from University of Birmingham

Mkango Resources Ltd. looks forward to continuing the momentum with further expansions and HyProMag developments already underway in Germany and USA with HyProMag GmbH CoTec Corp. #HyProMagUSA INSERMA ANOIA SL Intelligent Lifecycle Solutions Limited Intelligent Lifecycle Solutions

Full steam ahead in the UK now, with preparatory work for a 1,000tpa expansion feasibility study already underway - watch this space!

Pulawy - New European Rare Earths Hub

MKA Corporate Presentation July 2025

See Slide 36

https://mkango.ca/site/assets/files/4986/20250730_mkango_corporate_presentation.pdf

* An integrated in-house source of mixed rare earth carbonate and group capability for rare earth magnet manufacturing and recycling differentiates the project from all other rare earth projects in Europe

* Future growth opportunities being evaluated include rare earth metal, alloy and magnet manufacturing, leveraging off expertise within HyProMag, which is developing magnet manufacturing in Germany, UK and USA

* Scope of Definitive Feasibility Study includes potential integration of other sources of rare earth carbonate and expansion options

Tyseley Energy Park on LinkedIn

https://www.linkedin.com/posts/tyseley-energy-park_memberspotlight-innovation-magnetrecycling-activity-7420408215554727937-Yrs5?rcm=ACoAADwwVbYBydBP7dz1Yo5clmEStb2paNQ71as

🎥 WATCH: hear from Nick Mann, Managing Director at HyProMag Ltd

 

In our latest edition of our member spotlight series, we're showcasing the work of HyProMag.

 

If you’d like to find out more, our blog discusses:

 

♻️ HyProMag's rare earth magnet recycling mission

⚙️ Its pioneering HPMS process

🏭 The opening of the UK’s first rare earth magnet recycling facility in 25 years (which happened just last week!)

 

Read more ➡️

 https://www.tyseleyenergy.co.uk/member-spotlight-how-hypromag-is-transforming-rare-earth-recycling/

Japan to Spend 39 B. Yen ($250M) to Diversify Rare Earth Supplies

https://jen.jiji.com/jc/eng?g=eco&k=2026012000767

Tokyo, Jan. 20 (Jiji Press)--The Japanese government said Tuesday that it will spend 39 billion yen to support efforts to diversify sources of rare earth supplies. 
The move came after China recently strengthened restrictions on exports to Japan of dual-use goods, possibly including rare earths.


The Japanese government will spend the money out of reserves earmarked in its fiscal 2025 budget to strengthen the finances of the Japan Organization for Metals and Energy Security, or JOGMEC.

JOGMEC will use the money to jointly invest with Japanese companies in the development of rare earth mines and smelting projects overseas.

Mission of Japan to the EU 🇯🇵 🇪🇺 on X

(Meeting in Davos)

https://x.com/japanmissioneu/status/2014258300028616952?s=61

🇯🇵 @METI_JPN Minister Akazawa (@ryosei_akazawa) and 🇪🇺EVP @steph_sejourne confirmed the shared aim to move forward and enhance the supply chain resilience of critical raw materials including advancing cooperation to establish #JapanEU critical mineral projects.

HyProMag Customer Nick Inoue CEO @ GroundWaves

GroundWaves

https://www.groundwaves.co.uk/new-page

A big milestone for UK industry last week.

HyProMag Ltd (Mkango Resources Ltd., Innovate UK) officially opened their new magnet recycling factory, and it was a real privilege to be there for it.

Ten years ago, I remember watching a BBC News story about a University of Birmingham spin-out that had cracked a clean way to recycle rare-earth magnets using hydrogen decrepitation. Seeing that research now scaled into a full-scale UK manufacturing facility is genuinely inspiring.

BBC Midlands News

Recycling rare earth magnets

▶️ https://youtu.be/pcWsvjweBoA?si=RJJLR3VqMWf4a4c5

The factory was opened by the Minister for Industry, MP Chris McDonald, and represents a major step forward in reshoring the UK’s capability to manufacture rare-earth magnets, something that is strategically vital for both industry and national security.

We’re proud to have worked closely with the HyProMag team over the past few years to scale their process and produce a magnet large enough for our haptic actuator inside GroundWaves. Huge thanks to Jovey Farthing, Rob Arnold and Nick Mann for making it happen.

It was also an honor to finally meet Professor Allan Walton, whose commitment has helped bring the pioneering work of the late Professor Rex Harris to fruition.

A fantastic team, a world-class technology, and an exciting partnership ahead.

https://www.linkedin.com/posts/nickinoue_ukmanufacturing-cleantech-rareearths-activity-7420087180171059200-jRC6?rcm=ACoAADwwVbYBydBP7dz1Yo5clmEStb2paNQ71as

HyProMag USA DFW Texas - Rare Earth Magnet Recycling and Manufacturing Facility Fly Over

(Long term Lease signed)

https://youtu.be/J8RHkZSfo0Y?si=wc_EpSKTgpKuyFTd

Also, as JT stated today, the 3 x HPMS vessels for Texas have already been ordered.

India Inc shows interest for Rs 7,280-crore rare earth magnet scheme

Jan 16, 2026

https://www.financialexpress.com/business/news/india-inc-shows-interest-for-rs-7280-crore-rare-earth-magnet-scheme/4110032/lite/

While interest is high, companies are awaiting the final request for proposal (RFP) before committing capital.

Clean-tech and recycling companies are also positioning themselves as part of the emerging value chain. 

Firms such as Attero Recycling, Lohum Cleantech and Vedanta’s Runaya are focused on recovering rare earth materials from end-of-life electronics and batteries, a segment that could complement primary processing and help address supply constraints over time.

Government officials indicated that work on the RFP is at an advanced stage. “We are finalising the RFP and intend to roll it out as soon as possible,” a senior official said, adding that the scheme is designed to attract both large anchor investors and specialised players to build an integrated and resilient domestic supply chain.

Vedanta’s Runaya to invest ₹300-500 cr in rare earth processing & magnet-making facility

June 24, 2025

https://www.thehindubusinessline.com/companies/vedantas-runaya-to-invest-300-500-cr-in-rare-earth-processing-magnet-making-facility/article69731192.ece#:~:text=“Typically%2C%20investment

(Tom Albanese Director @ CoTec Holdings was the former CEO @ parent entity Vedanta)

According to Jagannath Prasad, CEO, Green Aluminium Recovery & Diversified Metal Recovery Business, Runaya, the company is “seriously evaluating” the REE project. It could look at a joint venture with an international partner, a tech transfer or a partnership, to take the project forward. Details are being worked out, and discussions are underway with international players.

The mineral recycler is expected to finalise its REE processing plan and partnership by “either FY26-end or early FY27”.

Runaya

https://www.runaya.com

Magnet Applications on LinkedIn

Manufacturing USA / UK

https://www.linkedin.com/posts/magnet-applications_rareearthmagnets-circulareconomy-magnetmanufacturing-activity-7417588717789446144-vU2s?rcm=ACoAADwwVbYBydBP7dz1Yo5clmEStb2paNQ71as

🧲 The UK Returns to Rare Earth Magnet Manufacturing

Magnet Applications was invited to join Chris McDonald MP, UK Minister for Industry, for a private tour marking the official opening of HyProMag’s rare earth magnet recycling and manufacturing facility at Tyseley Energy Park.

The facility represents the UK’s first commercial rare earth magnet production capability in 25 years. Magnet Applications was represented by Matthew Swallow, Global Sales Manager.

The launch marks a major milestone for the UK magnetics sector, introducing the country’s first fully circular rare earth magnet manufacturing line. As a long-term partner to HyProMag, Magnet Applications has supported this effort for more than a decade through SUSMAGPRO, technical collaboration with the University of Birmingham, and the delivery of magnetizing systems now operating on the production floor.

With HyProMag expanding into Germany, the US, and beyond, this facility establishes a meaningful foothold for sustainable, resilient rare earth magnet production in the UK.

Website

https://www.magnetapplications.com/

Launch of University of Birmingham facility for separating and recycling rare earth magnets boosts UK’s leading position in rare earth recycling

https://www.birmingham.ac.uk/news/2026/world-leading-rare-earth-magnet-recycling-facility-launches-in-west-midlands

Uni of Birmingham on X

https://x.com/unibirmingham/status/2011809138481774656?s=12

CoTec Holdings Corp. Notes HyProMag UK Plant Opening

SEDAR Filing

https://www.sedarplus.ca/csa-party/records/document.html?id=6ccd759c40582569443ca88d545ea7a96c1a25a0fc6771e86decb6c785c2766a

Facility derisks HyProMag USA roll out and accelerates opportunity for U.S. customer magnet product verification

Julian Treger, Chief Executive Officer of CoTec, commented: "The official opening of HyProMag UK's Plant is a major achievement after 20 years development at the University of Birmingham. The Magnetic Materials Group are established as industry leaders in the field of recycling of rare earths through their propriety HPMS technology to produce recycled permanent magnets. HyProMag's first plant will provide the foundation of technical expertise to support a scalable U.S. manufacturing platform and optimize products for U.S. customers. Collaboration between the HyProMag businesses provides a long-term solution in securing resilience in domestic supply chains."

South Korea DPM Koo Holds Bilateral Talks with UK and Japanese Finance Ministers

Press Release 13th Jan

http://english.moef.go.kr/pc/selectTbPressCenterDtl.do?boardCd=N0001&seq=6329

On January 11, DPM Koo met with UK Finance Minister Rachel Reeves to share the view that international cooperation is crucial for stabilizing global supply chains, and agreed to strengthen collaboration in areas such as critical minerals recycling. In addition, the finance ministries of both countries welcomed the conclusion of the upgraded Korea-UK free trade agreement (FTA) negotiations* and discussed ways to further enhance bilateral economic partnership.

Potential Pulawy Funding from BGK & the EIF

BGK and EIF launch Future Tech Poland fund – a key pillar of the Innovate Poland programme

9th Jan 2025

https://www.en.bgk.pl/news/details/bgk-and-eif-launch-future-tech-poland-fund-a-key-pillar-of-the-innovate-poland-programme/

Bank Gospodarstwa Krajowego (BGK) and the European Investment Fund (EIF) today officially signed an agreement initiating the Future Tech Poland (FTP) fund worth PLN 1.5 billion. This initiative is one of the elements of the newly announced Innovate Poland programme, which aims to dynamically stimulate capital investment in Polish technology companies with high growth potential.

https://www.linkedin.com/posts/bank-gospodarstwa-krajowego_bgk-inwestycje-innowacje-activity-7415022680975769600-_P3Q?rcm=ACoAADwwVbYBydBP7dz1Yo5clmEStb2paNQ71as

@biffa

Dunno if this helps, but the previous NI 43-101 Technical Report for Songwe Hill was prepared in Aug 2022 by :

SENET, A DRA GLOBAL GROUP COMPANY

https://www.sedarplus.ca/csa-party/records/document.html?id=ac89e479364d84c1649c942630b03245c0bf337b2e0f902e6c0267058f330cb6

(483 Pages)

SENET

https://www.senet.co.za/

China considering tightening exports of certain rare earths to Japan

https://www.chinadaily.com.cn/a/202601/06/WS695cf678a310d6866eb324db.html

According to Nomura Research Institute, heavy rare earths such as dysprosium and terbium, used in neodymium magnets for electric vehicle motors, are almost 100 percent sourced from China. Any restrictions on these supplies would pose significant challenges to the Japanese economy as noted by the institute.

The institute estimates that if China's restrictions on rare earth exports to Japan were to last for three months, it would result in losses of about 660 billion yen ($4.2 billion), reducing nominal and real GDP by 0.11 percent annually. If the restrictions continued for a year, losses could reach about 2.6 trillion yen, leading to a 0.43 percent decline in both nominal and real GDP.