As of late August 2020, REEtec has commenced production of rare earths at Herøya utilizing raw material from Yara’s production stream. This production is completely unique and the only one in Europe.
Yara Technology has scaled up a plant from lab that can now handle larger volumes. The process extracts a concentrate of rare earths from Yara’s industrial production flow. The concentrate is then sent over to REEtec where it is separated into individual rare earths.
– This is a milestone for us and for the EU project, SecREEts, we are part of, says Sigve Sporstøl, CEO of REEtec. – We literally borrow production streams from Yara and send streams of rare earths back into the value chain. We believe this is a circular industry in practice and is well placed in the environmental accounts.
– We literally borrow production streams from Yara and send streams of rare earths back into the value chain.
Mining raw materials is an essential part of the cost picture, so potentially there is a cost-effective value chain by making better use of the Yara material.
Read the article at Herøya Industrial Park