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HyProMag USA Achieves Low Carbon Footprint in Rare Earth Magnet Production

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HyProMag USA Achieves Low Carbon Footprint in Rare Earth Magnet Production

EastCoal ( (TSE:CTH) ) has provided an update.

HyProMag USA, a project under CoTec Holdings Corp. and Mkango Resources Ltd., has completed an independent Product Carbon Footprint (PCF) study confirming its recycled rare earth permanent magnets have an exceptionally low carbon footprint. The study, conducted by Minviro Limited, highlights HyProMag’s potential to provide the United States with a low-carbon domestic source of permanent magnets, crucial for revitalizing U.S. rare earth production and supporting strategic government priorities.

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