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Why is the project being funded?

The long term viability of many EU high-tech industries and clean technologies has become reliant on secure supplies of rare earth materials. The short/medium term supply security is of severe concern due to both resource restriction and political concerns. China currently produces over 97% of all rare earth materials and it is predicted that Chinese domestic demand will outstrip production within the next decade.

What problem does it address?

Currently there is no existing process for the recovery of NdFeB magnets from waste streams and this highly valuable material is lost to land fill with no prospect of commercial recovery. If fully implemented REMANENCE will provide a secondary source of materials for the EU, large enough to supply a significant proportion of the EU’s high value magnet production (1,500-2,000Tpa).

Who will benefit from the project?

To increase the sustainable consumption and production of high tech products and the efficient use of resources it is essential to recycle and recover as much material as possible. From an economic, environmental and societal standpoint it is imperative that recycling processes are developed and implemented in order to reduce the environmental impact of primary extraction. Efficient recovery and recycling of the rare earth magnetic material into the manufacturing process will significantly reduce the energy cost and environmental impact of these materials. The recovery and reprocessing of RE magnetic materials will reduce energy consumption by more than 95% when compared to emissions from primary production (mining, separation, purification and manufacturing).

Remanence is supported by the EU FP7 Programme