L-Acoustics Invests in French Manufacturer of Rare Earth Magnets - Installation

L-Acoustics invests in French manufacturer of rare earth magnets - Installation

L-Acoustics has announced its strategic investment in MagREEsource, a French company that creates rare earth-based permanent magnets – crucial to loudspeaker manufacturing – out of recycled materials. The proprietary technology of MagREEsource enables 100 percent recovery of neodymium magnets – which are made from an alloy of neodymium, iron, and boron – from various sources, including loudspeakers, electric vehicle engines and wind turbine gene…

L-Acoustics Announces Strategic Investment into MagREEsource

L-Acoustics, a global professional and luxury residential audio company, has announced its strategic investment in French-based MagREEsource. It has also established exclusive partner rights in the professional audio industry for sustainable and sovereign, European-based rare earth magnets critical to loudspeaker manufacturing. The audio company points out the partnership introduces a breakthrough circular economy model for the professional audi…