Federal Ministry for Economic Affairs and Energy Officially Opens HyProMag Plant in Pforzheim

London / Vancouver: Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) is pleased to announce that its subsidiary, HyProMag GmbH (“HyProMag”), will officially open its rare earth magnet recycling and manufacturing facility (the “Facility”) in Pforzheim today. The opening ceremony will be presided over by Stefan Rouenhoff, Parliamentary State Secretary to the Federal Minister for Economic Affairs and Energy.

On April 27, 2026, the bilateral German-British Economic Forum took place at the Haus der Deutschen Wirtschaft in Berlin. Katherina Reiche, Federal Minister for Economic Affairs and Energy, and the highly esteemed Peter Kyle, UK Minister of State for Business and Trade, signed a joint declaration on cooperation regarding critical raw materials.

HyProMag was specifically highlighted in this statement as a practical example of both nations’ commitment to diversifying supply chains and supporting resilient, sustainable, and responsible raw material value chains in order to strengthen connectivity and business cooperation. The joint statement specifically commended HyProMag’s expansion of its rare-earth magnet recycling facilities into Germany. This marks an important step toward minimizing risks in both countries’ supply chains and supports the resilience of key industries, such as the automotive sector, amid the ongoing transition to electric vehicles.

The facility in Pforzheim

The facility includes a commercial recycling and production line for sintered rare-earth magnets. It is based on the patented HPMS technology (Hydrogen Processing of Magnet Scrap), which was developed at the University of Birmingham and is licensed exclusively to HyProMag.

The Pforzheim facility has full authorization to produce up to 750 metric tons of neodymium-iron-boron magnets (“NdFeB”) and alloys per year.

Once fully operational, the plant will have an initial minimum capacity of approximately 100 metric tons per year, which is expected to increase to about 350 metric tons per year. A further expansion to up to 750 metric tons per year is currently under evaluation; HyProMag GmbH aims to gradually expand production to this level within the next three years.

Initial test runs of the HPMS reactor have been successfully completed, and the phased commissioning of additional key components is underway.

Note: The complete original report in English is available here at this link.