Domel insights:
the future of technology

REMHub: Rare Earth and Magnets Hub for a resilient Europe

As the world pivots towards a greener future, rare earth elements (REEs) and magnets have emerged as essential components in the energy transition. They are crucial for technologies like electric vehicles, wind turbines, and clean hydrogen solutions. However, the EU's dependence on imports for 90% of its REEs highlights a pressing need for local expertise and innovation. With recycling rates for REEs currently below 5%, there is a significant opportunity for growth and development in this area.

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