--- title: CoTec HyProMag USA feasibility study date: 2024-08-12T15:00:00-04:00 author: jessica napert canonical_url: "https://www.bbaconsultants.com/en-us/projects/cotec-hypromag-usa-feasibility-study" section: Projects --- BBA is excited to announce our collaboration on the HyProMag USA bankable feasibility study. Our team at BBA USA Inc. has been engaged by CoTec and Mkango, in collaboration with PegasusTSI in Tampa, Florida, to perform a feasibility study. This study aims to engineer, define and design a rare earth element (REE) magnet recycling processing plant and collection facilities in the USA. - Date Aug 12, 2024 - Region International - Clients CoTec , Mkango 1. BBA's primary responsibilities include overall project management, technology transfer, process design, equipment definition support and additional consultancy services. These efforts will be directed toward advancing the project to a stage where investment decisions and project implementation can proceed. We’re thrilled to be contributing to a project that has the potential of providing the United States with a sustainable, long-term domestic source of neodymium/iron/boron (NdFeB) permanent magnets. This will help create secure, low-carbon and traceable rare-earth supply chains. The ongoing feasibility study will play an instrumental role for CoTec and Mkango’s joint decision to move into the construction phase. For more information, visit our client's website [here](https://www.cotec.ca/news/mid-project-update-for-hypromag-usa-feasibility-study). - [ 17 Aug 2026 Marc-André Langlais appointed Chief Technology Officer ](https://www.bbaconsultants.com/en-us/news/marc-andre-langlais-appointed-chief-technology-officer "Marc-André Langlais appointed Chief Technology Officer") - [ 17 Aug 2026 Structural engineering early phase: unlocking value through early decisions - ![Nicolas Samson](https://www.assets.bbaconsultants.com/bba-production-assets/production/images/avatars/_size_avatar/197852/Nicolas-Samson.webp) Nicolas Samson, P.Eng. Senior Engineer, Structural ](https://www.bbaconsultants.com/en-us/insights/structural-engineering-early-phase-unlocking-value-through-early-decisions "Structural engineering early phase: unlocking value through early decisions") - [ 12 Aug 2026 Four mistakes that can harm the future performance of industrial assets - ![Caroline provost](https://www.assets.bbaconsultants.com/bba-production-assets/production/images/avatars/_size_avatar/208557/Caroline-provost.webp) Caroline Provost P.Eng. Director, Operational Strategy Implementation ](https://www.bbaconsultants.com/en-us/insights/four-mistakes-that-can-harm-the-future-performance-of-industrial-assets "Four mistakes that can harm the future performance of industrial assets") - [ 29 Jul 2026 Sachin Jari appointed Principal Director & Head of Commercial Strategy and Business Development ](https://www.bbaconsultants.com/en-us/news/sachin-jari-appointed-principal-director-head-of-commercial-strategy-and-business-development "Sachin Jari appointed Principal Director & Head of Commercial Strategy and Business Development") 1. BBA's primary responsibilities include overall project management, technology transfer, process design, equipment definition support and additional consultancy services. These efforts will be directed toward advancing the project to a stage where investment decisions and project implementation can proceed. We’re thrilled to be contributing to a project that has the potential of providing the United States with a sustainable, long-term domestic source of neodymium/iron/boron (NdFeB) permanent magnets. This will help create secure, low-carbon and traceable rare-earth supply chains. The ongoing feasibility study will play an instrumental role for CoTec and Mkango’s joint decision to move into the construction phase. For more information, visit our client's website [here](https://www.cotec.ca/news/mid-project-update-for-hypromag-usa-feasibility-study).