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zahovisky

58 Posts.

28

03/11/23

21:20

Post #: 70721927
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Originally posted by roblun: ↑

Hi Yevgeny, this is an investment for the Technology of recycling Spent Magnets back into Rare Earth Oxides, at the moment at pilot plant scale, Once it moves to industrial scale RR1 wil get money for the use of that Technolgy that they have invested in

https://www.reecycleinc.com/

Example, Using Another Photo who I have investment in

Spent Permanent Magenet back to Rare Earth Oxides, turning spent Magnets back into individual rare earth oxides which then can be sold back to Magnet and Alloy Makers

discarded NdFeB magnets

Once the Magnets have been crushed and processed by ReeCycle Technology

You end up with

neodymium and dysprosium Oxides separated

So if evey country in Europe, Asia, US and Australia have a plant RR1 will get a cut from using ReeCycle Technology

There are only a handfull of Recycling Spent Magnets Technologies back to Rare Earth Oxides

Most Critical Minerals Act in the US and Europe states the 15% of its Rare Earths has to come from recycled spent Magnets

Expand

Nice! Thanks for sharing roblun, that looks super interesting indeed. Looks very similar to IXR REE recycling right? So is it in pilot plant scale at the moment just like IXR? I believe this will be a huge business for RR1.

RR1 Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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Last 1.4¢		Change -0.001(6.67%)		Mkt cap ! $12.24M

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Price($)	Vol.	No.
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0.015	602945	4
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