Resources development company Mkango Resources reports that rare-earth magnetic recycling company HyProMag, in which it owns a majority stake, is collaborating with EMR, the Offshore Renewable Energy Catapult, Magnomatics and the University of Birmingham in a £1.5-million project. Titled the Re-RE Wind project, £1-million or 67% will be funded by Innovate UK's circular critical materials supply chains programme. The budget for HyProMag's portion of the project is about £350 000, of which 70% will be funded by the grant.
Resources development company Mkango Resources reports that rare-earth magnetic recycling company HyProMag, in which it owns a majority stake, is collaborating with EMR, the Offshore Renewable Energy Catapult, Magnomatics and the University of Birmingham in a £1.5-million project.
“We look forward to continuing to support HyProMag as it scales up Hydrogen Processing of Magnet Scrap and rolls-out the technology internationally," enthuses Mkango CE"We are very excited about this innovative project and the opportunity to further develop the UK supply chain for rare-earth magnet recycling with the support of Innovate UK and an excellent consortium of project partners,” states HyProMag operations GM"Re-RE Wind will address the hurdles for recycling of permanent...
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