Insight
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October 23, 2024
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2 minute read
More NdFeB magnet recycling can help fill the impending supply gap
In addition to greater use of cerium, lanthanum, gadolinium and holmium in NdFeB magnets to help ration magnet rare earth oxide supplies, a greater global effort to recover and recycle NdFeB magnets from end-of-life devices can also play a meaningful role in helping to satisfy demand in the years ahead.
Adamas analysis projects that in 2035 alone, around 200,000 tonnes of NdFeB magnets will be entering waste streams globally:
Currently, we project that less than 25% of this total amount will be recycled annually by 2035. If this portion could be ambitiously increased to 40% to 50% it would make a very substantial contribution to global supply, equivalent to four-to-five Mountain Pass or Mt. Weld mines.
