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Korea Zinc and Alta partner to produce rare earth oxides in the US using permanent magnet waste material
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Korea Zinc and Alta partner to produce rare earth oxides in the US using permanent magnet waste material
South Korean metals producer Korea Zinc has signed a strategic partnership with US-based Alta Resource Technologies to produce rare earth oxides for applications including EVs. The two companies plan to establish a joint venture in the US and build production facilities on the site of Korea Zinc’s US subsidiary to separate rare earth elements using Alta’s biochemical technology. The biochemical process platform technology uses custom-designed pr…
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