HyProMag's £11M PULSE project, co-funded by the UK government, aims to develop recycled magnet-based in-wheel motors and rebuild the UK's rare earth magnet supply chain.

HyProMag, a subsidiary of Mkango Resources, is involved in the £11 million PULSE project, partly funded by the UK government. The initiative aims to develop the first in-wheel motor (IWM) utilizing recycled magnets through its hydrogen processing technology. Collaborating with industrial partners and universities, the project focuses on enhancing the UK's supply chain for rare earth magnets, creating jobs, and reducing carbon emissions by over 1 million tonnes annually.

September 24, 2024
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