REE4EU - Focus on the recycling of rare earth metals in the EU
Japanese companies, including Toyota, Developing Rare Earth Recycling.
Plug-in vehicles like the Toyota Prius Plug-In Hybrid rely on rare earth to run.
The Nikkei reports that the Ministry of Economy, Trade and Industry of Japan teamed with Toyota and other major Japanese manufacturers to develop technology for the recovery and recycling of rare earth metals It could eventually allow the Japan to slash its imports of rare earths at least 10 percent by 2025.
At present, Japan relies on China for about 80 percent of its rare earth elements These elements are commonly used in electric motors found in electric vehicles and the nickel metal hydride batteries used in many hybrid recovering and recycling rare earths, Japan hopes to reduce that figure to 80 percent.
In 2011, the House Armed Services Committee United States passed a bill to authorize defense that laid the foundation of a national reserve of rare earth elements, similar to the Strategic Petroleum Reserve The movement also motivated the Chinese domination of rare earth production and its movement in recent years to limit exports of minerals.
In recent years, Toyota, Honda and Ford, among others, have developed strategies to reduce dependence on rare earth elements These strategies include the storage and use of Tesla induction motor does not use rare earth metals in the battery or the engine model S next Toyota RAV4 EV, produced by Tesla and Toyota, also uses a rare earth-free induction motor.
Recycling is an additional strategy under the initiative, automakers and home appliance manufacturers will draw government subsidies to set up a metals recovery technology rare earth motors and electronic scrapped according to the Nikkei report Ministry affect expenditures on its fiscal 2013 budget request aims to have the technology adopted for the year 2014 the manufacturers hope to have recycled rare earths account for about 10 percent of the national demand 2025 tax.
Japanese companies including Toyota develop rare earth recycling, Japanese companies, including.