(IN BRIEF) Heraeus Group has signed an asset purchase agreement to sell Heraeus Remloy, its rare earth magnets recycling business based in Bitterfeld, Germany, to Mkango Resources Ltd. The transaction supports Heraeus’ strategic portfolio development across its core business areas … Read the full press release →
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged AIM London, alloys and oxides, asset purchase agreement, Bitterfeld, CANADA, circular economy, electric mobility, electronics, end-of-life magnets, European materials supply, Frank Stietz, Germany, Heraeus Group, Heraeus Remloy, Heraeus Remloy Sale Supports Growth of Recycled Magnet Materials and Circular Rare Earth Supply Chains, Heraeus Signs Agreement to Sell Rare Earth Magnets Recycling Business to Mkango Resources, HyProMag, industrial materials, magnet manufacturing, magnet recycling, medium loop recycling, mineral exploration, Mkango Resources Ltd, Mkango Strengthens European Rare Earth Supply Chain with Planned Acquisition of Heraeus Remloy, NdFeB, neodymium-iron-boron, permanent magnets, Pforzheim, rare earth elements, Rare Earth Magnet Recycling in Germany Set for Expansion Through Heraeus Remloy Acquisition, rare earth magnets, rare earth supply chain, recycled rare earth magnets, regulatory approvals, renewable energy, Saxony-Anhalt, strategic portfolio development, sustainable materials, TSX Venture Exchange, William Dawes
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