Ask us about the “CIRCULAR ECONOMY”,
–Learn more on Wikipedia,
A circular economy (often referred to simply as “circularity”) is an economic system aimed at eliminating waste and the continual use of resources. Circular systems employ reuse, sharing, repair, refurbishment, remanufacturing and recycling to create a close-loop system, minimising the use of resource inputs and the creation of waste, pollution and carbon emissions.
Mr. Kiril Mugerman at Cambridge House 2019,
“… the most important thing that I want you to see there is the 95% recovery of main reagents. That’s how much we recover and that’s why we can be economic with China. Capex is low. We’ll discuss that in a second, but first the rare earth pricing. I want to show a little bit on the pricing that we see in the market today. What is the opportunity? The opportunity is going after this high-grade material, which is in the magnets that we’ve been making for years with rare earth elements. With high-grade material like that, you need very small volumes to generate higher revenues and high margins. “