REEcycle
Industrial Machinery ManufacturingView the employees at
REEcycle-
Pradeep Samarasekere Senior Lecturer, University of Kelaniya | Co-Founder/CTO, REEcycle Inc.
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Rising Star
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Overview
NdFeB Magnets are the strongest permanent magnets on earth and critical to most clean energy technologies. Although there are thousands of electronics recyclers in the U.S., none have a profitable method for extracting highly valuable rare earth elements(REEs) from discarded magnets. They end up shredded and sold as contaminated scrap metal. Using a patented process, REEcycle can recover nearly all of these magnetic rare earth elements locked inside discarded scrap. With our low-cost, low waste reclamation process, we are creating a sustainable, domestic rare earth supply with the same sustainable focus of the innovative technologies they make possible.