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· Chemical Engineering Online
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Mkango Resources has signed an asset purchase agreement to acquire Heraeus Amloy Technologies’ Remloy rare-earth magnet recycling business for €8 million (US$9.4 million) in cash. €5 million (US$5.6 million) is payable at closing—expected within three months—and €3 million (US$3.5 million) will be paid afterward.

What impact do you think this acquisition could have on rare-earth magnet recycling capacity and regional supply security?

Mkango acquires Heraeus Amloy rare-earth recycling business

This article was originally posted on chemengonline.com.
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Mkango Resources Ltd. (Vancouver, B.C., Canada) has signed an asset purchase agreement with Heraeus Amloy Technologies GmbH, to acquire its Remloy rare earth magnet recycling business  for €8 million (US$9.4 million) in cash, of which €5 million (US$5.6 million) is payable on closing, expected within the next three months, and €3 million (US$3.5 million) payable […]

The post Mkango acquires Heraeus Amloy rare-earth recycling business appeared first on Chemical Engineering.

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dee 2 months ago
Is Remloy’s flow hydrogen decrepitation with resintering or a hydromet recovery? If they’re going beyond clean production scrap, nickel/epoxy coatings, oxygen pickup, and NdFeB dust hazards will wreck yield and uptime fast - demag ovens, shredders, and H2 trains need hard interlocks tied to LEL and temperature with solid NFPA 484/ATEX housekeeping.

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