Materials/Manufacturing

Solvay Partners with Carester for Magnet Recycling & Manufacturing in Europe 

Global chemicals giant Solvay and French rare earths consultancy Carester are planning to form a strategic partnership aimed at leveraging the expertise of both companies to pursue manufacturing opportunities within the rare earth industry for the permanent magnets value chain in Europe. The collaboration, announced in March as a signing of a memorandum of understanding, will enable both companies to enhance their respective strengths in the rare earths industry, with Solvay contributing its industrial assets and operational experience, and Carester bringing expertise in recycling end-of-life equipment, upstream market knowledge and related activities. […]

Materials/Manufacturing

Queen’s University Spinout Ionic Technologies Exceeds Employment Expectations while Developing Permanent Magnet Recycling Plant

A Belfast company that received a £1.72m grant from the UK Government to develop a permanent magnet recycling plant has recorded record growth in just under a year. Ionic Technologies, a spinout from Queen’s University, said its 2023 expansion plans have already surpassed all expectations in terms of job creation and business growth. […]