Epson Atmix Corporation, a group company of Seiko Epson Corporation based in Aomori, Japan, has completed construction of a new $38 million metal recycling facility at Kita-Inter Plant No. 2. The new center will recycle used metals from the Epson Group’s operations and the local community to produce raw materials for Atmix’s metal powder products. […]
European Metals Recycling, a progressive company in sustainable materials and recycling based in the UK, is building its capabilities to develop advanced circular supply chains for rare-earth magnets. Led by Rare Earth recycling innovator Ionic […]
MagREEsource, a French manufacturer of rare earth permanent magnets made from recycled scrap magnetic material, is expanding its factory in Noyarey near Grenoble. The additional 400m² will bring the total facility size to 1,500m² to […]
April 23, 205 – Cyclic Materials, the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has invested over $20 million in its first commercial facility, located in Mesa, Arizona. The new state-of-the-art facility will be the company’s first global rare earth element recycling operation focused on the separation of permanent magnets from end-of-life products previously not recovered, using its proprietary MagCycle process. […]
In a stunning demonstration of investor interest in magnet recycling, Cyclic Materials of Toronto has successfully closed an oversubscribed $53 million Series B equity round, bringing the company’s total equity raised to $83 million. Cyclic […]
Envipro Holdings, a major metals recycling company based in Japan, and HyProMag located in the UK have begun a collaboration on the recycling of rare earth magnets that will involve operations of both companies in Japan and Europe. The head of Mkango Resources, HyProMag’s parent company, calls it the first step in the roll-out of its recycling technology in Asia. […]
Unilin’s particle board plant now removes blocks of wood containing ferrous metals as much as four times more efficiently, thanks to a drum magnet from Bakker Magnetics. It is essential in the Belgian company’s efforts to substantially increase the proportion of recycled wood in particleboard. […]
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