"UK's Aging Infrastructure Holds Hidden Treasure: Report Reveals Critical Magnet Reserves in Wind Turbines and EVs A new report has shed light on a surprising discovery in the UK's aging wind turbines and electric vehicle (EV) batteries, revealing that they contain a significant reserve of rare earth magnets, often referred to as 'magnets goldmine'. According to the study, the decommissioned turbines and discarded EV batteries could hold a substantial amount of neodymium and dysprosium, two critical components used in the production of advanced technologies, including renewable energy systems and high-performance electronics. As the UK continues to transition towards a low-carbon economy, this finding could have significant implications for the country's supply chain and its reliance on imported rare earth materials. The report's findings have sparked interest among industry experts and policymakers, who are now exploring ways to harness this hidden resource and reduce the UK's dependence on foreign suppliers."
Report: UK's ageing wind turbines and EVs contain critical magnet 'goldmine' BusinessGreen
