Germany Opens Rare Earth Magnet Recycling Plant to Reduce Dependence on China
As Europe seeks to reduce its reliance on China for critical industries, a new rare earth magnet recycling plant has opened in Germany. The plant aims to produce 750 metric tons annually by 2028, strengthening Europe's critical raw material supply security and sustainability. Rare earth magnets are essential for electric vehicles and wind turbines.
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- 📰 Published: April 28, 2026 at 18:32
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Central News Agency (Frankfurt, 28th, Comprehensive Foreign News) – As Europe seeks to reduce its dependence on China for critical industries such as automotive manufacturing and renewable energy, a rare earth magnet recycling production plant officially commenced operations today in Germany.
According to Agence France-Presse, the European Union (EU) plans to ensure that recycled strategic raw materials, including rare earths, cover 25% of the EU's demand by 2030.
The new plant, located in Pforzheim, a city in southwestern Germany, is operated by the German startup HyProMag and is one of several similar projects currently underway in Europe.
HyProMag stated in a press release that the plant aims to achieve an annual production of 750 metric tons of rare earth magnets by 2028, marking an "important step towards strengthening the security and sustainability of critical raw material supply in Europe." The construction costs for the plant were partly funded by the EU and the German government.
Rare earth magnets are widely used in electric vehicles, wind turbines, and consumer electronic products. Currently, the EU's annual demand totals approximately 20,000 metric tons.
China dominates the global rare earth industry, and last year it significantly tightened export restrictions on related raw materials, causing volatility in global supply chains.
HyProMag is an affiliate of a British company, which launched a similar facility in the UK in January this year. (Compiled by Liu Shu-Chin) 1150428
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According to Agence France-Presse, the European Union (EU) plans to ensure that recycled strategic raw materials, including rare earths, cover 25% of the EU's demand by 2030.
The new plant, located in Pforzheim, a city in southwestern Germany, is operated by the German startup HyProMag and is one of several similar projects currently underway in Europe.
HyProMag stated in a press release that the plant aims to achieve an annual production of 750 metric tons of rare earth magnets by 2028, marking an "important step towards strengthening the security and sustainability of critical raw material supply in Europe." The construction costs for the plant were partly funded by the EU and the German government.
Rare earth magnets are widely used in electric vehicles, wind turbines, and consumer electronic products. Currently, the EU's annual demand totals approximately 20,000 metric tons.
China dominates the global rare earth industry, and last year it significantly tightened export restrictions on related raw materials, causing volatility in global supply chains.
HyProMag is an affiliate of a British company, which launched a similar facility in the UK in January this year. (Compiled by Liu Shu-Chin) 1150428
Stand with facts, every sponsorship from you is the power to protect press freedom.
Download the CNA "First Hand News" APP to stay updated with the latest news.
Text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.