Maginito signs agreement to extract rare earths from recycled hard disks

Inserma's technology can remove magnets from a hard drive in less than 3 seconds.
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Maginito, majority owned by Mkango Resources and CoTec Holdings, has signed an exclusive agreement with Inserma to commercialize automated pre-processing technologies for hard disk drives, speakers and electric motors. This agreement aims to improve the recycling of rare earth magnets. rare earth magnetsby reducing costs and carbon footprint and accelerating their extraction for further processing by HyProMag.

Efficient recycling of hard disks

Inserma’s automated pre-processing technologies remove hard drive magnets in just 3 seconds without the need for disassembly or heat treatment, something that Maginito said will significantly improve recycling efficiency. William Dawes, CEO of Mkango, stressed that this collaboration will be key to driving sustainable recycling and enabling a more circular economy, especially in the area of clean energy.

Paco Ortiz, of Inserma, said that this partnership will open doors to the internationalization of its technologies, taking advantage of the network of relationships with Maginito and its partners. Meanwhile, Julian Treger, of CoTec, stressed that this will allow HyProMag to secure raw material supplies from large data centers. data centers growing data centers.

With this agreement, Maginito will assist Inserma in the global marketing of its recycling solutions, as well as assist in the financing and development of preprocessing units in Europe and the United States.In addition, Maginito will assist in the financing and development of preprocessing units in Europe and the United States. The companies will seek to apply this technology in industries such as automotive and technology, to promote safe and low environmental impact recycling.

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Source: Mkango

Photo: Shutterstock

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