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PERmanent MAgnet Network for the European Transition

Project description

Sustainable and efficient network for REE extraction

Rare earth elements (REE) are essential for production across various industries and are critical for the growing demand for permanent magnets, which are vital for many green technologies. However, the limited availability of REE and the unsustainability of current extraction methods and related value chains pose a significant challenge. In this context, the EU-funded PERMANET project aims to establish a sustainable REE innovation and supply network, fostering connections within the EU and with partner countries, and developing cost-effective, sustainable REE extraction and processing solutions. To achieve this, the project will coordinate 13 fully scalable innovations, along with three sustainable tech hubs and layers of enabling technologies.

Objective

PERMANET is a Sustainable REE Innovation and Supply Network covering the full Rare Earth Elements (REE) Permanent Magnet (PM) value chain.

It is structured upon 5 layers: 1) Three Sustainable, Connected Tech ‘Hubs’ segmented along the full REE PM value chain and organizing thematic collaborative R&D and supply ecosystems 2) 13 fully Scalable Innovations to reach TRL7 and expand in scale and deployment range along the entire value chain 3) A structural layer of R&D infrastructure, equipment and services to fuel Pilot and Demonstration activities 4) Five Enabling “Engines” addressing the key conditions for sustainable and competitive REE supply 5) All embedded within a single PERMANET Network Infrastructure with its own, sustainable organizational model.

The Network accelerates leading-edge innovations, from REE extraction from mining tailings and hydrometallurgical processes to oxide reduction and innovative production processes, all the way to the production of innovative PM and their testing by end users in industrial environment across 1/ E-Mobility 2/ Energy 3/ Industrial Equipment.

PERMANET also secures key sources of REE such as leading mining projects from the EU and Partner Countries, as well as End of Life (EoL) sectors (WEEE, EV, etc.). The project relies on enabling activities ranging from strategic venturing to investment support to build sub-optimal EU REE PM Segments. The project unlocks viable reserves of REE including unconventional sources and will demonstrate novel, cost-effective, and environmentally sound REE extraction, processing, and separation routes, as well as demonstrate the first EU hub for PM boosting circular PM technologies to deploy at market scale.

The project is ready to be fully integrated with other EU-backed PM Hubs and aims to grow into a fully-fledged Pan-EU pilot and demonstration infrastructure to remain sustainable post-funding.

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Keywords

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-IA - HORIZON Innovation Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-CL4-2024-RESILIENCE-01

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Coordinator

TECNICAS REUNIDAS SA
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 607 025,00
Address
AVENIDA DE BURGOS 89 COMPLEJO ADEQUA EDIFICIO 6
28050 Madrid
Spain

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Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 2 295 750,00

Participants (31)

Partners (1)

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