Maginito Limited

About Maginito Limited

Maginito Limited, established by Mkango Resources Ltd, focuses on downstream green technology opportunities in the rare earths supply chain. It aims to accelerate growth in the electric vehicle market, wind power generation, and other industries driven by decarbonization, through NdFeB magnet recycling and innovative rare earth alloy, magnet, and separation technologies, supported by sustainably sourced primary and secondary rare earth materials.

Products & Services

HyProMag Ltd:Specializes in short loop rare earth magnet recycling in the UK using the patented Hydrogen Processing of Magnet Scrap (HPMS) technology to extract and demagnetize NdFeB alloy powders from scrap and redundant equipment. Targets markets like electronics, electric vehicles, and wind turbines.

HyProMag GmbH:Focuses on short loop rare earth magnet recycling in Germany and Europe using HPMS technology, with a plant under development for a minimum capacity of 100tpa NdFeB, targeting first production in 2024.

Mkango UK:Develops innovative hydrometallurgical technologies and long loop rare earth magnet recycling in the UK via a chemical route, with a pilot plant for processing recycled NdFeB powder and magnet swarf from various scrap sources.

Specialties

NdFeB Magnet Recycling Rare Earth Alloy Technologies Magnet Separation Technologies Hydrogen Processing of Magnet Scrap (HPMS) Hydrometallurgical Technologies

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Equity Investment T: - FT: Equity Investment	A: 1830000 MR: - FA: £1.5 million FAN: 1830000	D: 2023-03-16 FD: 2023-03-16	1 investors

Equity Investment Latest

2023-03-16

$1.8M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

W

William Dawes

Founding Director and CEO of AIM/TSXV listed Mkango Resources, and a Director of Maginito and HyProMag

A

Alexander Lemon

Founding Director and President of Mkango Resources, Director of Maginito

J

John Singleton

Chief Operating Officer of CoTec and a Director of Maginito

R

Rex Harris

Professor Emeritus, former Head of The Magnetic Materials Group

A

Allan Walton

Head of the Magnetic Materials Group

J

John Speight

Honorary Fellow

View 5 more team members with Pro

Unlock Full Team Directory

Recent News