Rare Earth Magnet Plant Takes Shape in Northlake: First Major Equipment Arrives at HyProMag's North Texas Facility
The Denton County plant — one of the first commercial-scale integrated rare earth magnet recycling and manufacturing sites planned in the U.S. — targets first cutting and finishing work in early 2027 and about 100 direct jobs.
NORTHLAKE — The first major process equipment has arrived at HyProMag USA's rare earth magnet recycling and manufacturing facility in Northlake, the company announced Monday — a milestone for a Denton County project aiming to build a domestic source of recycled rare earth permanent magnets. The facility, under a long-term lease secured in December 2025, sits at Ironhead Commerce Center, Building 1, near the BNSF intermodal rail link and Alliance Airport.
The company says electrical power capacity has been secured through Oncor Electric Delivery, permitting is progressing, and contractor selection is underway. Its targets — stated in the release as plans, not results — are initial magnet cutting and finishing operations in the first half of 2027, then commissioning of the integrated Phase 1 recycling and manufacturing plant in mid-2028. The Northlake facility is expected to create approximately 100 direct jobs. 'The delivery of the first process equipment to the Northlake Texas Facility marks an important milestone for HyProMag USA as we advance toward commercial operations,' CoTec chief executive Julian Treger said in the release.
The longer plan, from the company's October 26 expansion study, reaches about 4,192 metric tons a year of NdFeB magnet production and about 6,000 metric tons of total salable materials annually by 2034 across four plants, with Northlake targeted at roughly 1,526 metric tons a year of recycled magnet products. The plant's process recovers magnet material from end-of-life motors, data-center and industrial equipment, electronics and factory scrap; the company says its HPMS technology uses 88 percent less energy than conventional methods — a company claim the region's manufacturers will test as the Northlake lines start up.
