To manufacture permanent magnets in France, the key would come from our waste. In any case, this is the plan of the start-up MagREEsource. Born in 2020, it plans to open a pilot plant in Grenoble (Isère) capable of recycling 50 tonnes of rare-earth magnets per year by the end of 2023. Before moving to an industrial scale and increasing its production tenfold in 2028. This tight roadmap wants to offer a sovereign sector to supply neodymium-iron-boron or samarium-cobalt, whose European needs are estimated at 20,000 tonnes per year to manufacture electric motors but also turbines for wind turbines, even cell phones.
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