Brief: Solvay To Develop Major Hub For Rare Earth Magnets In Europe

Solvac SA

16/09/2022 07:08

Sept 16 (Reuters) - SOLVAY SA  SOLB.BR :
    * TO DEVELOP MAJOR HUB FOR RARE EARTH MAGNETS IN EUROPE
    * WITH THIS INVESTMENT, GROUP HAS AMBITION TO CREATE A
POWERFUL
RARE EARTHS HUB IN EUROPE IN COMING YEARS
    * SOLVAY'S NEW HUB WILL HELP DEVELOP EUROPEAN AUTONOMY FOR
THESE
CRITICAL MATERIALS AND ALSO ADDRESS SHORTAGE OF RARE EARTH KEY
ELEMENTS BY PLAYING A PROACTIVE ROLE IN RECYCLING OF MAGNETS

Further company coverage:  SOLB.BR 

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