https://www.mining-technology.com/news/ ... h-germany/HyProMag secures grants for rare earth recycling plant in Germany
The proposed plant is scheduled to be commissioned in 2024.
November 24, 2022
UK-based HyProMag has received €3.7m grants to advance the development of the first rare earth magnet recycling plant in Germany.
Estimated to cost €6.1m, the ‘Innovation Centre for Science & Economy Northern Black Forest IZWW’ project will use the patented HPMS (Hydrogen Processing of Magnet Scrap) process.
The grants include €2.5m in funding from the European Regional Development Fund and a €1.2m grant from the Ministry of Economic Affairs, Labour and Tourism Baden-Württemberg.
Under the first phase of the project, the permanent magnets composed of neodymium, iron and boron (NdFeB) production facility is planned to be built in Baden-Württemberg.
The facility will be equipped to have an initial production capacity of 100 tonnes per annum (tpa) of neodymium magnets comprising recycled rare earth sintered magnets, alloy pellets and powders. It is planned to be commissioned in 2024.
Mkango CEO William Dawes said: “This is an exciting milestone for Mkango, HyProMag GmbH, HyProMag Limited, which significantly enhances the group’s production pipeline, targeting first production in the UK in 2023 and Germany in 2024, with North America developed in parallel.
“We envisage that the recycling of rare earth magnets will play a key role in the development of robust supply chains to catalyse and support growth in the electric vehicle sector and in other clean technologies.”
HyProMag is 80% owned by HyProMag Limited, in which mineral exploration and development company Mkango holds a 42% indirect interest.
The remaining 20% stake in HyProMag, which was launched to commercialise the HPMS technology in Germany and the EU, is owned by Germany-based Pforzheim University professor Carlo Burkhardt.
Recyclage des Terres Rares
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https://www.innovationnewsnetwork.com/h ... ect/38852/HyProMag Ltd selected as Minerals Security Partnership project
27th October 2023
HyProMag is one of the 17 projects selected by the MSP, which aims to build secure, responsible critical mineral supply chains to meet carbon-neutral goals.
HyProMag Ltd, which uses a technology developed by the University of Birmingham’s Magnetic Materials Group, has been selected as one of the Minerals Security Partnership (MSP) projects that will help to develop responsible critical mineral supply chains.
The project is one of 17 selected at the recent Principals’ meeting at the London Metals Exchange. Here, representatives from the MSP’s members centred on increasing sustainable finance.
HyProMag is focusing on HPMS technology
The company is commercialising rare earth magnet recycling using Hydrogen Processing of Magnet Scrap (HPMS) technology. This technology was developed by researchers in the Magnetic Materials Group at the Birmingham Centre for Strategic Elements and Critical Materials at the University of Birmingham.
The patented technology can recycle magnets from end-of-life scrap.
Professor Allan Walton, Director of the Birmingham Centre for Strategic Elements and Critical Materials, said: “This is an extremely exciting development and shows how research from the University can have an impact on the global stage.
“Rare earth magnets play a crucial role in a huge variety of technologies, many of which are used in clean energy applications such as wind turbines and electric vehicles. However, the recycling rates for these materials are very low.
“This is primarily because rare earth magnets are difficult to separate from components as they are glued, coated and break up to a magnetised powder on shredding, which then sticks to the ferrous scrap.
“Our Hydrogen Processing of Magnet Scrap technology offers an extremely efficient method to separate rare earth magnets, producing a demagnetised, purified alloy powder which can be fed into multiple parts of the value chain. Without such an efficient separation process, it is difficult to see how recycling can be achieved at scale.”
About the Minerals Security Partnership
The Mineral Security Partnership, formed in 2022 by 14 governments, aims to ensure adequate supplies of minerals such as rare earths.
The partnership wants to support both public and private sector investments in building a secure and responsible critical minerals supply chain.
The MSP is driving forward a range of projects that will help develop these supply chains, including:
11 projects in upstream mining and mineral extraction, four projects in midstream minerals processing, and two projects in recycling and recovering (including HyProMag);
Five projects in the Americas, seven projects in Africa, three projects in Europe, and two projects in Asia-Pacific; and
Seven projects focused on rare earths, one project focused on lithium, three on graphite, two on nickel, one on cobalt, two on copper, and one on manganese.
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https://www.miningweekly.com/article/mk ... 2023-12-12Mkango says first recycled rare earth magnets to be produced in the UK in 20 years
12th December 2023
Production of recycled rare earth magnets at Tyseley is being developed by the University of Birmingham and rare earth magnet producer HyProMag, which is owned by Mkango’s 79.4%-held subsidiary Maginito.
Further production runs are planned in the coming weeks to provide customer and project partner samples.
Commercial production at Tyseley is targeted for mid-2024, with initial throughput targeted at 20 t/y of rare earth magnets and alloys, scaling up to a minimum of 100 t/y in subsequent months. Larger scale-up scenarios of up to 1 000 t/y are currently being evaluated, Mkango has said.
HyProMag is the main industrial partner for the Tyseley development and the exclusive licensee for underlying hydrogen processing of magnet scrap (HPMS) technology, developed at the University of Birmingham and now being commercialised by HyProMag.
HPMS is a new recycling technology that preserves the quality of the original magnets for reprocessing. It is considered to be a cleaner and more energy efficient process than the traditional dismantling, thermal demagnetisation and cleaning processes and lends itself to automated and efficient processing. The resulting recycled magnets are being made to recognised industrial grades.
The Tyseley development forms the basis for the 2024 development of magnet recycling and manufacture in Germany by HyProMag and for the 2025/26 development of a multispoke-and-hub operation in the US through a joint venture with CoTec Holdings.
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https://electrek.co/2024/09/25/rare-ear ... b-funding/Rare earth element recycler Cyclic Materials to expand after $53M Series B funding round
Scooter Doll | Sep 25 2024
A Canadian company called Cyclic Materials is working to create a circular supply chain for rare earth elements (REEs) using advanced recycling processes. The company just secured $53 million via a Series B equity round to accelerate its global expansion and recycling infrastructure.
Cyclic Materials was founded in Toronto in the fall of 2021 following a successful seed round. From there, the Rare Earth Element (REE) recycling specialist began developing and scaling its proprietary technology capable of economically and sustainably recovering critical raw materials from end-of-life EV motors, wind turbines, MRI machines, and other electronic waste.
Rather than focus on one particular component, such as batteries, the company specializes in recycling rare earth magnets – a type of permanent magnet made from alloys of rare earth elements, which are part of a set of seventeen chemical elements in the periodic table. To do so, Cyclic Materials has already introduced its “Mag-Cycle” (Spoke) and “REEPure” (Hub) processes and has proven their capabilities at the bench scale.
Following a REEPure pilot in the fall of 2022, Cyclic Materials has proven its continuous magnet processing capacity of 10 Tons per year, which is plausible. This milestone caught the attention of several outside investors who joined a successful series A funding round in the spring of 2023, including BMW i Ventures (BiV), Energy Impact Partners (EIP), as well as government funding from the Sustainable Development Technology Council of Canada (SDTC).
Since then, the company has launched a Mag-Cycle pilot facility with a design capacity of 8,000 tons per year, as well as a REEPure commercial demonstration facility with a magnet processing design capacity of 100 tons of rare earth elements per year.
Today, Cyclic Materials announced another successful round of funding totaling $53 million.
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Projet d'une usine de recyclage de terres rares en UK :
https://www.miningweekly.com/article/io ... 2024-11-18Ionic publishes promising feasibility study on UK rare earth oxide facility
ASX-listed Ionic Rare Earths has delivered a compelling feasibility study on a commercial rare earth oxide (REO) manufacturing facility in Belfast, in the UK.
Ionic is already producing a continuous supply of REO at a demonstration plant in Belfast.
The study demonstrates strong potential for a profitable and unique UK magnet recycling facility, to fulfil the growing need for rare earth element production outside of China, the company reports.
Some of the key study outcomes include an after-tax net present value of $502-million , an internal rate of return of 43.6% and earnings generation capability of $1.78-billion a year.
Based on throughput of 1 200 t/y, for production of 400 t/y of separated magnet REO over a 20-year asset life, the project has a capital payback period of 2.4 years.
Ionic is now progressing site permitting and front-end engineering design, with a final investment decision expected in the first half of next year. Should the project proceed, construction is planned to be completed late in 2026, with first commercial deliveries taking place early in 2027.
The company expects the facility to create 70 jobs, including at a technical centre where more research on rare earth separation and magnet recycling will occur.
The feasibility study supports Ionic’s application for additional UK government funding through the Automotive Transformation Fund, which is administered by the Advanced Propulsion Centre for automotive manufacturing and supply chains.
Ionic previously received grant funding from the UK government totalling £5-million.
The company also intends to use the feasibility study to progress more feedstock and offtake agreements,
“With more than 50% of global production of neodymium magnets having been consumed for decades in the West, a sizeable inventory of material is available for recycle back into new supply chains,” the company states.
Ionic also owns the Makuutu rare earth project, in Uganda.