Clarification and Retraction of Misstatements About HPMS Licensing

An article previously published at this URL on November 15, 2025, incorrectly implied that Okon currently has a right to utilize HPMS technology in connection with the recycling of magnetic materials.  Okon has no license or other right to utilize HPMS technology in any capacity. This article was formally retracted on November 18, 2025.

All rights to utilize HPMS technology in the United States have exclusively been given by the University of Birmingham, United Kingdom which holds the patent on HPMS technology, to HyProMag USA, LLC.