Authors: Chinenye Chinwego
Advisors: Adam Powell
We are perfecting a technology that will extract rare earth metals from magnet scrap because rare earth metals are in short supply in the United States. 95% of rare earth metal production is carried out in China, and right now, there are no U.S. producers. The only non-Chinese producers are Estonia, Vietnam, and Thailand- a small market.
We are looking to build a start-up in the U.S. to fill the vacuum, and part of our research is to prove that out.