Urban Mining Company/M2M™ eliminates the most environmentally detrimental aspects of the value chain for manufacturing Nd-Fe-B magnets including mining, beneficiation, leaching, and solvent extraction. Recycling also avoids hazardous, radioactive by products Thorium (Th) and Uranium (U) associated with primary production.
The recovery of rare earth during our process is 90% or better, where less than 5% of additional raw materials necessary for manufacturing, drastically reducing demand for raw materials and associated impact on the environment of mining activity.
Our technology demonstrates 95% energy savings compared to traditional manufacturing.
Over 40% savings alone due to the reduction in melting and alloying steps.
Our technology has demonstrated more than 11-ton of CO2 emissions saved for every ton of magnet we produce (approximately >10,000 tons of CO2 for every 1,000-ton of magnets production).
Our technology (on average) reduces overall environmental impact by all other measures by between 30-50%.