New UK Magnet plant
Lead Participant:
LESS COMMON METALS LIMITED
Abstract
This project will investigate the feasibility of building a Neodymium Boron Iron (NdFeB) magnet plant in the UK. Initially a market study will be carried out to identify the likely future requirements for such magnets, both in terms of volumes and specifications, with focus on the growing EV industry. A suitable plant to meet these requirements will then be scoped, and the opportunities for using innovative technologies to improve competitiveness will be assessed.
Lead Participant | Project Cost | Grant Offer |
---|---|---|
LESS COMMON METALS LIMITED | £814,004 | £ 569,803 |
People |
ORCID iD |
Alan McClellan (Project Manager) |