Rare Earth (NdFeB) Magnets Recycling
Closing the loop on magnet supply -
high-purity recycling, zero or limited waste
Because the clean-energy transition should not depend on the next mine
1. Overview / Opportunity
NdFeB magnets power EV motors, turbines, electronics, and medical devices.
They represent >90 % of the US $10 B+ global rare-earth magnet market, growing ~7.5 % annually to 2040.
With demand surging, GEOMEGA ensures these rare elements stay in circulation instead of landfills.
2. Challenge / Industry Context
Over 90 % of global magnet production and ~75 % of REE oxides come from one region.
Mining new supply is energy-intensive and environmentally prohibitive. Short-loop magnet-to-magnet recycling often degrades magnetic performance and requires added REE feedstock.
GEOMEGA offers a clean alternative — full elemental recycling with no property loss.
3. GEOMEGA’s Approach
Our process chemically disassembles magnets into their elemental components within a closed-loop, zero-waste system.
It recovers REE oxides, iron, and other metal by-products while recycling >90 % of reagents. No cryogrinding, no hydrogen decrepitation — just clean, high-yield chemistry.
PERFORMANCE
>90 % REE recovery
>99 % TREO purity (Nd, Pr, Dy, Tb)
~67 % iron purity by-product
~54 % GHG reduction vs traditional REE routes
Potential H₂ co-generation as clean fuel by-product
4. Value Creation
The small footprint Saint-Hubert demonstration plant, currently under construction, is designed to process 1.5 tonnes of magnet waste per day. This includes end of life magnets, production scraps and swarf from magnets machining.
REE oxides >99 % pure
High-purity iron product
Boric acid precursor and Co/Ni/Cu concentrates
Hydrogen gas as a secondary revenue stream
Full loop magnet recycling could supply up to 70 % of Nd demand for EVs by 2050 — a foundation for North American supply independence.
5. Environmental & Social Impact
Zero tailings and zero or limited wastewater
50 % lower GHG emissions vs conventional REE supply
Circular reuse of critical metals reduces new mining demand
Supports community and regulatory ESG targets
6. Partnership & Scalability
Demonstration plant under construction near Montréal (TRL 7 to 8)
Project financed by Federal and Provincial governments ($8M CAD)
Licensing / JV / Build-Own-Operate (BOO) models for regional deployment directly at the magnet manufacturer’s facility
Let’s redefine how the world sources its rare earths.
You have magnets to recycle?
Looking to build a resilient, low-carbon REE supply chain?
Contact Kiril Mugerman, President & CEO, to discuss the next steps.
kmugerman@geomega.ca
+1 514-223-1449 ext. 3