Tag Archives: permanent magnets

Solvay and Viridis Move Toward Strategic Rare Earth Materials Agreement to Support Electric Vehicle, Renewable Energy and Defence Markets

(IN BRIEF) Solvay has signed a Letter of Intent with Viridis Mining and Minerals to secure rare earth feedstocks from Brazil by 2028, supporting its strategy to strengthen and diversify critical materials supply chains. Under the proposed partnership, Viridis would … Read the full press release

Heraeus Advances Portfolio Strategy with Planned Sale of Remloy Recycling Business to Mkango

(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

Solvay Unveils Innovative Rare Earths Line in France to Empower Europe’s Sustainable Future

(IN BRIEF) Solvay has inaugurated its new rare earths production line at the La Rochelle facility in France, marking the beginning of commercial production for permanent magnets and aligning with Europe’s Critical Raw Materials Act. This strategic move, part of … Read the full press release