Summary: A planned rare-earth magnet recycling and manufacturing hub in the Dallas–Fort Worth area has secured electrical power capacity for its initial finishing operation and first integrated development phase. Permitting and contractor selection are still in progress, so the update is a project-readiness milestone rather than the start of commercial production.
Power capacity supports a phased magnet plan
HyProMag USA said it secured electrical capacity from Oncor Electric Delivery for cutting and finishing operations and for Phase 1 of its planned Texas Hub. The project also has a pathway to additional power through a substation upgrade for a possible Phase 2 expansion.
The first step is intended to process NdFeB magnet blocks supplied by other group operations into finished magnets. The company targets commissioning of this cutting, finishing and qualification capability in the first half of 2027. It said the operation is being designed to support qualification under ASTM A977/A977M, ISO 9001-aligned systems and customer-specific performance and traceability requirements.
Recycling and manufacturing remain future phases
Phase 1 is targeted for completion in mid-2028. Its design basis includes about 550 metric tons per year of sintered NdFeB magnet blocks and finished magnets, plus about 484 metric tons per year of co-products. A later Phase 2 is envisioned to increase total payable production to approximately 1,526 metric tons per year, including around 1,048 metric tons of magnet blocks and cylinders.
Those figures describe planned capacity, not current output. The company stated that permitting is advancing and that an engineering partner has begun a request-for-quotation process to select a general contractor for the initial cutting and finishing operation.
Why the milestone matters to magnet supply chains
Power availability is a practical constraint for new industrial projects. Securing capacity can reduce one category of execution risk, but it does not remove the remaining requirements for permits, construction, equipment, feedstock, customer qualification, financing and reliable operation.
For buyers seeking regional NdFeB supply or recycled magnet content, the most useful future checkpoints will be completion of contractor selection, permits, facility commissioning and successful customer qualification. Until those steps are reached, the Texas Hub should be viewed as an advancing project with defined targets rather than an operating source of finished magnets.