Hanau/Bitterfeld-Wolfen, May 14th 2024 - The technology company Heraeus has started production at Europe's largest recycling plant for rare earth magnets. The new plant in Bitterfeld has a processing capacity of up to 600 tons per year, which can be increased to up to 1,200 tons in the medium term. Heraeus Remloy is thus positioning itself as a key player in the sustainable circular economy and securing access to critical raw materials for the European high-tech industry. Heraeus aims to offer European magnet producers and users a reliable, local source of rare earth iron boride powders for the production of environmentally friendly, high permanence magnets.
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Heraeus Remloy launches the largest recycling plant for rare earth magnets in Europe
