Page 173 - CW E-Magazine (13-8-2024)
P. 173

News from Abroad


       COMMERCIAL SCALE VENTURE
       Rare earth magnet recycling and manufacturing

       plant in UK set for commissioning next year


          Canadian  mineral  exploration,
       Mkango Resources,  has announced
       that  its short-loop rare earth  magnet
       recycling and  manufacturing plant at
       Tyseley Energy Park in Birmingham,
       UK, could start commercial operations
       in Q1 2025.


          HyProMag is the main industrial  including electric  vehicles and  wind  and energy effi cient way to produce a
       partner  for the project  and exclusive  turbine generators, and they are also a  recycled NdFeB  alloy powder,  which
       HPMS (Hydrogen Processing of  key component in electronic  devices.  is manufactured into a magnet (via the
       Magnet Scrap) licensee. HyProMag  The development of domestic sources  short loop process) or into a rare earth
       is 100% owned by Maginito, which is  of recycled  rare earths via HPMS,  a  carbonate or oxide (via the long loop
       79.4% owned by Mkango and 20.6%  homegrown technology, is a signifi cant  chemical process).
       owned by CoTec Holdings.          opportunity for the UK to fast-track the
                                         development of  sustainable and  com-  According to Mkango, HPMS tech-
          Mkango said the start-up of opera-  petitive rare earth magnet production.  nology is underpinned by approximately
       tions is subject to the remaining equip-                           $100-mn of R&D funding, and has
       ment being delivered and infrastruc-  In parallel  with the short-loop  major competitive  advantages versus
       ture being installed by the contractors  process being commercialised by  other rare earth magnet recycling tech-
       on schedule, as well as completion of  HyProMag, Maginito subsidiary, Mkango  nologies, which are largely focused on
       the permitting process.  The majority  Rare Earths UK, recently commissioned  chemical processes but do not solve the
       of equipment  will initially  be owned  a pilot facility for long-loop chemical  challenges of liberating magnets from
       by the University of Birmingham and  recycling of HPMS product not suita-  end-of-life scrap streams.
       utilised  by  HyProMag as  the  main  ble for the short loop process as well
       industrial partner for  the project and  as swarf.                    HyProMag is also commercialising
       exclusive HPMS licensee. HyProMag is                               HPMS recycling technology in Germany
       said to have ordered additional equip-  Both long-loop and short-loop re-  and US, with commercial  production
       ment to debottleneck  certain parts of  cycling technologies  are underpinned  targeted for 2025 and 2026, respectively.
       the  process and  is evaluating  further  by the patented HPMS technology  HyProMag is also evaluating other
       ways to optimise and debottleneck the  developed at University of Birmingham,  jurisdictions, and  recently launched a
       fl ow sheet. Rare earth magnets play a  which liberates magnets from end-of-  collaboration  with Envipro on  rare
       key role in clean energy  technologies  life  scrap streams  in a cost effective  earth magnet recycling in Japan.

       CONSTRUCTION CHEMICALS
       Sika announces acquisition in Dominican Republic


          Swiss construction chemicals fi rm,  manufacturing facility in the       the expanded  customer base
       Sika, has acquired Vinaldom, S.A.S in  Dominican Republic where            and product offering, will
       the Dominican Republic. Vinaldom is a  Sika has not previously had         improve market access and
       family-owned business offering a pro-  its own plant.  This will           provide exciting cross-selling
       duct range covering concrete  admix-  be the sixth factory  in the         opportunities in the Domini-
       tures, fi bres, adhesives, and sealants.   Caribbean, increasing Sika’s     can Republic and throughout
                                         presence in the region. “The enhanced  the Caribbean region,” Sika said in a
          Sika said the acquisition will add a  production footprint, together with  press note.


       Chemical Weekly  August 13, 2024                                                                173


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