RE: Decent RNS26 Jun 2024 01:45
I copied this from the RNS on 30th April. It depends on your perspective I suppose but I certainly wouldn’t class any of it as “Long Term”
· Full commissioning of pilot scale long loop (chemical route) recycling process at Tyseley Energy Park to produce rare earth carbonates and oxides targeted for H1 2024.
· Initial commercial sales of NdFeB via HyProMag Ltd's short-loop recycling process at Tyseley Energy Park in the UK targeted for H2 2024.
· Completion of HyProMag USA Feasibility Study targeted in H2 2024. Scope comprises hub and spoke model, with three HPMS spokes and one magnet manufacturing hub in Texas.
· HyProMag GmbH ("HyproMag Germany") first commercial production in Germany targeted for 2025.