# Mkango acquires remaining 10% stake in HyProMag Germany

Mkango Magnetic Materials Limited announced the acquisition of the remaining 10% interest in HyProMag Germany from Professor Carlo Burkhardt for a total of £1,060,000, structured as shares and deferred cash. The deal increases Mkango's effective interest to 79.4%.

- Type: Acquisition
- Announced: 2026-10-28
- Where: Germany
- Value: $1.35M (1.06M GBP)
- Status: announced
- Products: rare earth magnet recycling
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Mkango Resources](https://endata.com/companies/70315.md) (acquirer)
- [HyProMag Germany](https://endata.com/companies/94756.md) (target)

## Sources

- [northwire.cc](https://www.northwire.cc/news/20403477-mkango-magnetic-materials-limited-announces-acquisition-of-10-interest-in), 2026-10-28: "Mkango Magnetic Materials Limited announced the acquisition of the remaining 10% interest in HyProMag Germany from Professor Carlo Burkhardt."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.