Honda, TDK and JMC to use rare earth metals extracted from hybrid vehicle batteries to produce magnets
June 25, 2013
Honda Motor Co., Ltd. has agreed with TDK Corporation and Japan Metals & Chemicals Co., Ltd. (JMC) to jointly pursue the use of a rare earth metal extracted from nickel metal hydride batteries in hybrid vehicles for the production of magnets for use in new hybrid vehicle motors.
In March 2013, Honda began supplying a battery manufacturer with rare earth metals extracted from used nickel metal hydride batteries at a JMC plant for reuse in new nickel metal hydride batteries of hybrid vehicles. Now, Honda will expand the reuse of extracted rare earth metals to manufacture motors for hybrid vehicles.
The three companies will begin detailed discussion toward the reuse in motors and begin the process as soon as a sufficient volume of used nickel metal hydride batteries is secured.
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