Manufacturing & Materials 2026Updated

List of Rare Earth Permanent Magnet Recyclers

Verified directory of companies recycling NdFeB and other rare earth permanent magnets, with details on technology, capacity, feedstock types, and geographic coverage to help manufacturers secure secondary magnet supply.

Available Data Fields

Company Name

Headquarters

Recycling Technology

Feedstock Types

Annual Capacity (tonnes)

Output Product

Rare Earths Recovered

End Markets

Environmental Impact Reduction

Website

Founded

Key Partnerships

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Company	HQ	Technology	Capacity
Noveon Magnetics	San Marcos, TX, USA	Magnet-to-Magnet (M2M™)	1,000 t/yr (contracted)
HyProMag	Birmingham, UK	Hydrogen Processing of Magnet Scrap (HPMS)	100–300 t/yr
Cyclic Materials	Kingston, ON, Canada	Hydrometallurgical REE extraction	600 t/yr rMREO
REEtec	Herøya, Norway	Proprietary chemical separation	720 t/yr magnetic metals
REEcycle	Noblesville, IN, USA	Electrochemical extraction	Pilot → commercial scale

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Rare Earth Permanent Magnet Recycling: A Critical Supply Chain Imperative

China controls roughly 90% of global rare earth processing and over 70% of NdFeB magnet production. Export restrictions imposed in April 2025 on dysprosium, terbium, and NdFeB materials have intensified the urgency for alternative supply sources. Recycling end-of-life magnets from hard disk drives, EV motors, wind turbines, and industrial equipment offers a viable secondary pathway.

Dominant Recycling Technologies

Hydrogen Processing of Magnet Scrap (HPMS): Developed at the University of Birmingham, HPMS uses hydrogen gas to embrittle and demagnetize NdFeB alloy, enabling extraction without full disassembly. HyProMag commercializes this approach at Tyseley Energy Park, achieving an estimated 88% energy reduction versus primary mining.
Magnet-to-Magnet (M2M™): Pioneered by Noveon Magnetics (formerly Urban Mining Company), this process reprocesses scrap magnets directly into new high-performance sintered magnets. Noveon reports 90% energy savings compared to the mine-to-magnet chain and has secured a 1,000-tonne supply contract with Nidec Motor Corp.
Hydrometallurgical Separation: Companies like Cyclic Materials and REEcycle dissolve magnet scrap in acid to selectively precipitate individual rare earth oxides. Cyclic Materials operates Hub100 in Kingston, Ontario and is expanding to a 500 t/yr Centre of Excellence.
Electrochemical & Solvent Extraction: IonicTech (Belfast) and Momentum Technologies (Dallas) employ ionic liquid or membrane-based extraction, reducing chemical waste while recovering high-purity oxides.

Market Scale and Trajectory

The global rare earth recycling market was valued at USD 549 million in 2024 and is projected to reach USD 1.01 billion by 2033 at a 7.0% CAGR. IDTechEx projects rare earth magnet recycling volumes to grow 6.5× by 2036, driven by EV motor retirements and wind turbine decommissioning.

Policy Drivers

Region	Key Policy
United States	Defense Production Act Title III funding for REEcycle, Noveon; DoD contracts for domestic magnet supply
European Union	Critical Raw Materials Act mandating 25% recycled content for strategic materials by 2030
United Kingdom	Minerals Security Partnership selection of HPMS technology; first UK magnet manufacturing in 20+ years

Frequently Asked Questions

Q.What types of magnets can be recycled?

Most recyclers focus on sintered NdFeB (neodymium-iron-boron) magnets found in hard disk drives, EV traction motors, wind turbine generators, and MRI machines. Some also process SmCo (samarium-cobalt) magnets and bonded NdFeB from consumer electronics.

Q.How is the recycler data collected?

When you submit a request, our AI crawls public sources including company websites, industry directories, trade press, and regulatory filings in real time to compile the latest information. The data reflects publicly available information at the time of your request.

Q.Can I filter recyclers by the rare earth elements they recover?

Yes. You can specify elements like neodymium, dysprosium, terbium, or praseodymium in the request form. The AI will identify which recyclers recover your target elements and at what purity levels.

Q.Are these recyclers operating at commercial scale?

The list includes companies at various stages from pilot to full commercial operation. Each entry indicates current processing capacity so you can assess readiness. Several companies like Noveon and HyProMag are actively producing recycled magnets at commercial volumes.