Mkango Resources acquires Heraeus Remloy rare earth magnet recycling business

Mkango Resources signed an asset purchase agreement to acquire Heraeus Remloy from Heraeus Amloy Technologies for €8 million ($9.4 million). Remloy operates a plant in Bitterfeld, Germany, that recycles rare earth magnets to produce NdFeB alloy powders.

“Mkango Resources Ltd. is pleased to announce that it has signed an asset purchase agreement with Heraeus Amloy Technologies GmbH, to acquire its Remloy rare earth magnet recycling business for €8 million.”morningstar.com

• 1 source
• morningstar.comMkango Resources Limited Announces Agreement With Heraeus To Acquire Heraeus Remloy | MorningstarMay 20, 2026

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