#Birmingham to become #UK’s first centre for rare earth magnet recycling
Pioneering rare earth recycling company HyProMag, which was formed by researchers from the University of Birmingham’s School of Metallurgy and Materials, is to be acquired by Maginito Ltd, in a deal that aims to catalyse the further scale-up and international roll-out of technology first piloted at the University of Birmingham and forming the basis for the UK’s first full scale remanufacturing facility for rare earth magnets at Birmingham’s Tyseley Energy Park being developed later this year.
HyProMag’s core technology is the based upon the patented process – Hydrogen Processing of Magnet Scrap (HPMS), which was originally developed within the University’s Magnetic Materials Group (MMG) to extract rare earth magnets from scrap and redundant equipment and subsequently licensed to HyProMag.
The development of domestic sources of recycled rare earths in the UK, Germany, United States and other territories is a significant opportunity to fast-track the development of sustainable and competitive recycled rare earth magnet production.
Read more at: https://www.birmingham.ac.uk/news/2023/birmingham-to-become-uks-first-centre-for-rare-earth-magnet-recycling
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