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EastCoal Innovates in Rare Earth Recycling Tech

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EastCoal Innovates in Rare Earth Recycling Tech

EastCoal (TSE:CTH) has released an update.

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Maginito Ltd, a joint venture between Mkango Resources and CoTec Holdings, has partnered with Inserma to commercialize an innovative technology for the efficient pre-processing of hard disk drives and other electronics for recycling rare earth magnets. This technology aims to streamline the recycling process, reduce costs and environmental impact, and is set to be deployed across the UK, Germany, the USA, and other regions.

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