HyProMag USA Acquires Inserma Units for Magnet Recycling Hubs

CoTec Holdings Corp., a player in resource extraction and recycling, reports that its joint venture, HyProMag USA, has sourced three Inserma separation units to enhance its rare earth magnet recycling strategy. These units are located in Texas, Nevada, and South Carolina, reinforcing its presence in the United States. The technology facilitates rapid extraction of rare earth magnets from devices, aiding efficient processing at HyProMag's facilities.

This strategic acquisition marks a step forward in HyProMag USA's operations, aligning with CoTec's goal of establishing a low-cost, secure recycling network with minimal carbon footprint. The integration of these pre-processing technologies supports feedstock management, contributing to CoTec's wider aims in sustainable resource management.