Rare earth recycling can bridge US supply gap as mines face long timelines, Paladin says

The company is expanding its rare earth recovery operations as US manufacturers confront heavy dependence on overseas supply, particularly for the heavy rare earth elements used in high-performance permanent magnets. Paladin currently produces about 40 metric tonnes of recovered material annually and recently invested over $5 million to increase capacity to 150 tonnes per year on a three-shift basis.