Rare Earth (NdFeB) Magnets Recycling

Closing the loop on magnet supply -
high-purity recycling, zero or limited waste


Because the clean-energy transition shouldn’t 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 

5. 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. 

6. 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 

7. 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