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As the true, unseen driving forces behind the energy transition, permanent magnets are found everywhere in today’s industry. Depending on their capacity, these magnets are used in electric motors, electronic devices, renewable energy systems and even certain small everyday objects. From high-powered offshore wind turbines to the tiny sensors in our smartphones, their presence ensures the performance and compactness of even the most complex systems.


Neodymium, Dysprosium, Praseodymium and Terbium are therefore an essential cog in the wheel of European independence. These rare earth elements, with their exceptional magnetic properties, are the cornerstone of our technological sovereignty. Controlling their life cycle, from design to recycling, has become a strategic imperative for building a circular, resilient and sustainable industry capable of addressing global climate challenges.

MagREEsource

is a solution for European self-sufficiency in strategic technologies.​

The future is electric... it should be windy as well !

It is expected 320 GW of wind energy capacity to be installed in the EU in 2030. 

That would be more than twice as much as the installed capacity in 2014 (129 GW) and an increase of two thirds from the expected capacity installed in 2020 (192 GW).

Automotive industry and e-mobility

With the growing demand in e-mobility and the development of electricity for a low carbon society, the demand in permanent magnet is growing with a rate of 9%/year till 2030.

Electric Vehicles and other e-mobility types, such as electric bicycles, motorcycles, and scooters, will collectively be responsible for 23% of total global demand for alloys and powders in 2030 (as compared to 5% today) with total EV sales growing from 2.5 million in 2020 to 31.1 million by 2030.

High tech medicine strongly relies on magnets through Magnetic Imaging devices and a wide range of sensors

The global magnetic resonance imaging devices and equipment market was valued at about 8,15 milliards $ in 2025 and is expected to grow at a CAGR of 6.35% through 2034.