rare earth oxide

Materials/Manufacturing

Cyclic Materials Opens Magnet Recycling Plant, Signs Supply Deals with Solvay & Vacuumschmelze 

July 31, 2024 Editorial Staff Comments Off on Cyclic Materials Opens Magnet Recycling Plant, Signs Supply Deals with Solvay & Vacuumschmelze 

Startup recycler Cyclic Materials is stepping out to commercial operation with the opening of its first-phase plant in Canada and two new supply chain deals – one with Solvay in Brussels and another with Vacuumschmelze of Germany who has a new magnet plant now under construction in the USA.

In early June, the Toronto-based company opened its Hub100 plant in Kingston, Ontario. The plant is the first scaled version of Cyclic’s hydrometallurgical technology, REEPure, and is positioned to demonstrate the feasibility of the technology at a commercial scale. The plant has a design capacity to recycle 100 tons of magnetic material per year, producing recycled mixed rare earth oxides (rMREO) that can be reused in the rare earth magnet supply chain, as well as nickel and cobalt hydroxides. […]

Materials/Manufacturing

Rare Earth Magnet Market Outlook: Demand for REOs to Increase Five-Fold by 2040, Outstripping Supply 

May 16, 2023 Editorial Staff Comments Off on Rare Earth Magnet Market Outlook: Demand for REOs to Increase Five-Fold by 2040, Outstripping Supply 

Adamas Intelligence has announced the publication of its latest annual report, “Rare Earth Magnet Market Outlook to 2040”. The report is a comprehensive deep dive into the global market for NdFeB permanent magnets and the […]

Materials/Manufacturing

Rare Earths Producer MP Materials Reports Strong Results, Books $66 Million Charge for Loosening Chinese Ties

April 8, 2021 Editorial Staff Comments Off on Rare Earths Producer MP Materials Reports Strong Results, Books $66 Million Charge for Loosening Chinese Ties

Business looks spectacular at MP Materials, the largest rare earth materials producer in the Western Hemisphere. In its most recent quarter, revenue doubled to $42.2 million compared to the same period a year ago, while for the […]

Materials/Manufacturing

Pensana Selects Site for Rare Earth Processing Facility in UK

December 10, 2020 Editorial Staff Comments Off on Pensana Selects Site for Rare Earth Processing Facility in UK

Pensana Rare Earths has selected the Saltend Chemicals Park in England as the site for its proposed rare earth processing facility as part of its venture to establish a sustainable magnet metal supply chain fed by its mine property in Angola.  It would become one of only a few major producers […]