More processing, closer cooperation and the development of domestic value chains: Several developments this week show how companies and governments are seeking to strengthen their position in critical raw materials. – Find the details in our Roundup.
Rare Earths: Closer Integration Along Europe’s Value Chain
Neo Performance Materials and Carester have agreed to a close collaboration. At first glance, the agreement may seem complex, but it follows a clear material loop: each company takes on the processing steps that match its respective expertise, from separation and magnet production to recycling and the return of recovered materials into production.
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Mkango Completes Acquisition of Rare Earth Magnet Recycler Remloy
Canadian critical-minerals developer Mkango Resources has completed its acquisition of rare earth magnet recycler Remloy from Heraeus. Remloy operates a plant in Bitterfeld in the German state of Saxony-Anhalt, where end-of-life neodymium-iron-boron magnets are melted down and processed into alloy powder.
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Brazil’s Senate Approves New Critical Minerals Policy
Brazil’s Senate on Wednesday approved a bill that could give the country its first comprehensive national policy for critical minerals. The proposal, which still requires the approval of President Luiz Inácio Lula da Silva, establishes a concrete financing and industrial policy framework for the sector.
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Lindian and Carester Plan Rare Earth Separation Plant in Kazakhstan
Australian mining company Lindian Resources recently acquired a rare earth processing facility in Kazakhstan. Lindian now plans to expand the site with French rare earth specialist Carester. The companies have already signed a long-term offtake agreement covering part of the future output.
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Rare Earth Magnets: New Recycling Facilities Planned in the U.S.
Ionic Rare Earths and US Strategic Metals intend to build new rare earth magnet recycling facilities in the United States. The proposed funding for the joint project totals $100 million.
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