HyProMag GmbH to participate in groundbreaking €8 million grant funded project: Re-engineering permanent magnets for the green transition (GREENE)
Highlights
HyProMag GmbH is participating in the €8 million GREENE project (the “Project”), funded by the European Commission’s Horizon Europe Programme, with 15 partners across industry and academia. GREENE aims to push the boundaries of material science by re-engineering rare earth permanent magnets to become more resource-efficient, whilst offering significant improvements to magnetic performance. As part of the Project, HyProMag GmbH will receive €350,125 to advance its proprietary NeoLeach technology, which is an environmentally friendly and energy efficient chemical process to further upgrade products from the Hydrogen Processing of Magnet Scrap (“HPMS”) process being commercialised by HyProMag in Germany, UK and United States.
Impact on Me
Participating in the GREENE Project could have a direct impact on your life as it aims to develop more resource-efficient permanent magnets. This could lead to the creation of more sustainable products that rely less on rare earth materials, ultimately reducing the environmental impact of manufacturing processes and potentially creating a more eco-friendly future for all.
Impact on the World
The GREENE Project, with the participation of companies like HyProMag GmbH, has the potential to revolutionize the way we think about and use permanent magnets. By re-engineering these magnets to be more resource-efficient, the Project could have far-reaching implications for various industries that rely on magnetic technology, such as electronics, transportation, and renewable energy. This could pave the way for a more sustainable and environmentally friendly future for the world as a whole.
Conclusion
In conclusion, the participation of HyProMag GmbH in the GREENE Project marks a significant step towards re-engineering permanent magnets for a more sustainable future. By developing more resource-efficient and environmentally friendly solutions, this initiative has the potential to make a positive impact both on an individual level and on a global scale. Stay tuned for more exciting developments in the world of material science and green technology!
