17
May
20:01
Canada’s Maginito to buy UK rare earth magnet recycler HyProMag
British rare earth magnet recycler HyProMag will be acquired by UK-listed, Canada-based Maginito Ltd in a deal that promises to unlock the UK’s first rare earth magnet recycling centre.
The company formed by researchers at the University of Birmingham has been developing a technology based on a patented process originally developed within the university’s Magnetic Material Group (MMG) and later licensed. It uses hydrogen to reduce permanent magnets co…
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Anonymous
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