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Assets & Technologies

Overview
Maginito Logo

Maginito Ltd.

Investment Year

2022

Sector

Rare Earth Elements

HQ

UK

Status

Pending

View Website

The Company

Magnito is reenvisioning and creating opportunities in rare earth recycling and other green technologies, with current focus on short loop NdFeB magnet recycling via its interest in HyProMag and other growth opportunities encompassing long loop NdFeB magnet recycling via a chemical route and downstream value added products.

The Partnership

CoTec is eager to continue to invest in innovative and green technologies in the mineral extraction industry. With investments into Mkango and Mkango's subsidiary, Maginito Limited, totalling £3.5 Million (C$5.6 Million), the Company will enter into a co-operation agreement regarding future investments in rare earth processing technology opportunities in the United States. 

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