General Chat / Discussion, page-5555

The market for Recyling is definitely growing China building as Close to US as possible with not a bad output.
IXR just needs to show some economics and proven work it can Recycle.
China’s JL Mag to Build USD100 Million Rare-Earth Magnet Recycling Facility in Mexico (yicaiglobal.com)

(Yicai Global) Sept. 13 -- JL Mag Rare-Earth is planning to invest USD100 million to construct a recycling plant in Mexico that turns scrapped alloy into permanent magnets, as part of the Chinese producer of rare-earth materials’ carbon-neutral strategy amid surging global demand for rare-earth magnets, which are used in electric cars, wind turbines and other machinery.The facility, which will be situated in Monterrey, Nuevo León state, will have an annual recycling capacity of 5,000 tons of scrap alloy and a production output of 3,000 tons of high-end magnetic products a year, the Ganzhou, southeastern Jiangxi province-headquartered firm said yesterday. The funds will be self-raised and construction should be completed in three years’ time.