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Outsiders are rarely allowed in due to concerns about rivals potentially gaining some of the knowledge that is currently otherwise concentrated in China. 1.000

👤 The author 📋 News Article 🏷️ Business , China

Simplified: Outsiders are rarely allowed in due to concerns about rivals gaining knowledge concentrated in China

1 sources

2 months ago
It requires approximately 1,500 processes. 1.000

👤 The author 📋 News Article 🏷️ Business , Science

Simplified: It requires approximately 1500 processes

1 sources

2 months ago
It is a complex process to turn those materials into the powders that are the end product of this plant. 1.000

👤 The author 📋 News Article 🏷️ Business , Science

Simplified: It is a complex process to turn materials into powders that are the end product of this plant

1 sources

2 months ago
It's important to have our own sourcing. 1.000

👤 Mr Kehren 📋 News Article 🏷️ Business , Economics

Simplified: It is important to have our own sourcing

1 sources

2 months ago
Projects in Norway and Sweden are amongst the most advanced, but its likely to be another decade before they are ready. 1.000

👤 The author 📋 News Article 🏷️ Business , Norway , Sweden

Simplified: Projects in Norway and Sweden are amongst the most advanced but it is likely to be another decade before they are ready

1 sources

2 months ago
There are no operational rare earth mines in Europe. 1.000

👤 The author 📋 News Article 🏷️ Business , Europe

Simplified: There are no operational rare earth mines in Europe

1 sources

2 months ago
The facility aims to provide 30% of Europe's rare earths by 2030. 1.000

👤 Solvay CEO, Philippe Kehren 📋 News Article 🏷️ Business , Europe

Simplified: The facility aims to provide 30% of Europe's rare earths by 2030

1 sources

2 months ago
As demand continues to grow that will change, and more virgin material will be needed from countries such as Brazil, Canada and Australia. 1.000

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: As demand grows more virgin material will be needed from Brazil Canada and Australia

1 sources

2 months ago
We think that we can probably produce 30% of the rare earths needed by Europe just by recycling end of life motors and other equipment. 1.000

👤 Mr Kehren 📋 News Article 🏷️ Business , Europe

Simplified: They can probably produce 30% of the rare earths needed by Europe by recycling end of life motors and other equipment

1 sources

2 months ago
The focus is on recycling rare earths that are already in Europe. 1.000

👤 The author 📋 News Article 🏷️ Business , Europe

Simplified: The focus is on recycling rare earths already in Europe

1 sources

2 months ago
The increased investment in the facility comes as it is moving away from focusing on supplying rare earths for catalytic convertors, to instead focus on soaring demand for the magnets that are essenti... 1.000

👤 The author 📋 News Article 🏷️ Business , Technology

Simplified: Increased investment in the facility comes as it moves away from supplying rare earths for catalytic convertors to focus on magnets for electric car b...

1 sources

2 months ago
It is the only plant outside of China that can process all 17 different rare earths. 1.000

👤 The author 📋 News Article 🏷️ Business , China

Simplified: The plant outside of China can process all 17 different rare earths

1 sources

2 months ago
Europe only has two rare earth processing facilities, one in Estonia and this one in western France. 1.000

👤 The author 📋 News Article 🏷️ Europe , Business

Simplified: Europe has two rare earth processing facilities one in Estonia and one in western France

1 sources

2 months ago
When you have a material that is coming almost 100% from one specific location, if you are dependent on this, you want to diversify your sourcing. 1.000

👤 The boss of the Belgian chemicals giant 📋 News Article 🏷️ Business , Economics

Simplified: If a material comes almost 100% from one location you want to diversify your sourcing

1 sources

2 months ago
The Covid pandemic and the war in Ukraine have made companies and politicians try to remove some of the vulnerabilities in their supply chains. 1.000

👤 The author 📋 News Article 🏷️ Business , Politics

Simplified: The Covid pandemic and the war in Ukraine made companies and politicians try to remove vulnerabilities in their supply chains

1 sources

2 months ago
This is a market that is growing fast, and, also, there is a greater demand for shorter supply chains. 1.000

👤 Solvay's CEO Philippe Kehren 📋 News Article 🏷️ Business , Economics

Simplified: The market is growing fast and there is greater demand for shorter supply chains

1 sources

2 months ago
The future of Solvay's plant will be critical to those ambitions. 1.000

👤 The author 📋 News Article 🏷️ Business , Europe

Simplified: The future of Solvay's plant will be critical to those ambitions

1 sources

2 months ago
Europe is trying to reduce its dependence on importing these key metals from China. 1.000

👤 The author 📋 News Article 🏷️ Europe , China , Business

Simplified: Europe is trying to reduce its dependence on importing key metals from China

1 sources

2 months ago
Around 70% of rare earths mining, and 90% of refining, happens in China. 1.000

👤 The author 📋 News Article 🏷️ China , Business

Simplified: Around 70% of rare earths mining and 90% of refining happens in China

1 sources

2 months ago
The chemicals firm Solvay is expanding its processing plant to meet surging demand across Europe. 1.000

👤 The author 📋 News Article 🏷️ Business , Europe

Simplified: Solvay is expanding its processing plant to meet surging demand across Europe

1 sources

2 months ago