MagREEsource secures €5M in financing; opening first pilot magnet recycling facility in Grenoble
Green Car Congress
FEBRUARY 7, 2023
MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.
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