Materials/Manufacturing

Cyclic Materials to Invest Over $20M in its First Magnet Recycling Plant in U.S. 

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. […]

Materials/Manufacturing

Mkango’s HyProMag in UK Teams Up with Japan-based Recyler Envipro 

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.  […]

Materials/Manufacturing

Wood Recycling Process Now Four Times More Efficient Thanks to New Drum Magnet

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. […]

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

VAC Awarded $111 Million Tax Credit for New Magnet Factory in USA, Makes Recycling Deal with Cyclic Materials 

e-VAC Magnetics, part of Vacuumschmelze, has been awarded a $111.9 million Qualifying Advanced Energy Project Tax Credit to advance the construction of its first USA magnet manufacturing facility in Sumter, South Carolina. The facility was […]