Remloy rare earth magnet recycling business
Location: Bitterfeld, Saxony-Anhalt, Germany
Source: Financial Conduct Authority (FCA)
Fully commissioned rare earth magnet recycling plant located in Bitterfeld, Saxony-Anhalt, Germany. The plant recycles end-of-life rare earth magnets to produce NdFeB alloy powders with a production capacity of 500 tonnes per year. The acquisition deal is valued at €8 million, with payments split between closing and two years after. The plant has significant investment in equipment and feedstock,
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Description
Description | Fully commissioned rare earth magnet recycling plant located in Bitterfeld, Saxony-Anhalt, Germany. The plant recycles end-of-life rare earth magnets to produce NdFeB alloy powders with a production capacity of 500 tonnes per year. The acquisition deal is valued at €8 million, with payments split between closing and two years after. The plant has significant investment in equipment and feedstock, a large stockpile of over 300 tonnes of rare earth magnet and alloy feedstock, and strong operational and technical teams in place. |
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Original Currency | USD |
Original budget | 000000000000000 |
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Location
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Source
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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