1. Problem that is being addressed by EQUINOX
There is a need to find solutions to replace Critical Raw Materials (CRMs) such as Chromium (Cr), Nickel (Ni), Molybdenium (Mo) and Vanadium (V) in high volume end consumer products. CRMs are crucial to Europe's economy and essential to maintaining and improving our quality of life. Intermetallic materials, in particular low cost Iron Aluminides (Fe-Al), offer outstanding material properties. Unfortunately, it is difficult to translate their properties to real products, as intermetallics suffer from low ductility at ambient temperature and poor machinability. EQUINOX project is applying a highly innovative route for the production of a new generation of Fe-Al based intermetallic materials with improved ductility and machinability, for the production of parts that will be almost ready to be used.
2. Importance for society
A. Reduce the dependency of Europe from Cr imports
EQUINOX would allow saving at least 18.000 Tons of CRMs per year, by substituting stainless steel through CRM free Fe-Al based intermetallics.
B. Environmental impact
The EQUINOX project well fits into “Growing a Low Carbon, Resource Efficient Economy with a Sustainable Supply of Raw Materials for materials under severe conditions”. Specifically, the EQUINOX process:
• Has no CO2 emissions
• Prevents waste of materials
• Prevents “material tourism”
• May be completely based on renewable energy sources
• Vastly reduces the needs of CRMs, like Cr, Ni and Mo
C. Creation of new jobs
The opening-up of new market sectors is expected to significantly increase the employment opportunities in existing European companies and promoting the birth of new high-tech companies.
3. Overall objective
The main objective of EQUINOX is to develop a novel process that allows to substitute Cr/Ni based (stainless) steel parts used in high volume end consumer products such as in the lock industry, electronics, process industry and automotive industry with a novel near net-shape production technology for a new class of highly advanced ductile Fe-Al based intermetallics.