an official journal of: published by:
an official journal of: published by:
Editor in Chief: RAFFAELLO COSSU

SIMULATION AND ECONOMICAL ANALYSIS OF HYDRO-ND PROCESS FOR THE RECOVERY OF RARE EARTH FROM END-OF-LIFE PERMANENT MAGNETS: NEW-RE AND INSPIREE PROJECTS

  • Pietro Romano - Department of Industrial and Information Engineering and Economics (DIIIE), University of L'Aquila, Italy
  • Soroush Rahmati - Department of Industrial and Information Engineering and Economics (DIIIE), University of L'Aquila, Italy
  • Marco Passadoro - Department of Industrial and Information Engineering and Economics (DIIIE), University of L'Aquila, Italy
  • Luca Taglieri - Department of Industrial and Information Engineering and Economics (DIIIE), University of L'Aquila, Italy
  • Luciano Fratocchi - Department of Industrial and Information Engineering and Economics (DIIIE), University of L'Aquila, Italy
  • Francesco Gallo - Itelyum Regeneration S.p.A., Italy
  • Francesco Veglio - Department of Industrial and Information Engineering and Economics (DIIIE), University of L'Aquila, Italy

Released under CC BY-NC-ND

Copyright: © 2024 CISA Publisher


Abstract

The growing demand for rare earth elements (REEs) and sustainable development issues have made the REEs recovery from permanent magnets (PMs) attract the attention of many researchers in the last decade. The NEW-RE and INSPIREE projects have been introduced to evaluate the recovery of REE elements from permanent magnets on a pilot and industrial scale. In this research, the economic aspect of the mentioned projects was performed using SuperPro software. The main aim of the work is to highlight the critical aspects of the process for a targeted optimization. The results showed that the CAPEX and OPEX for treating 3,600 tons/year of permanent magnets are 9 and 110 million euros, respectively, and an EBITDA of 4.8 million euros can be achieved (payback period less than two years). In the economic model, the cost of spent PMs was considered equal to 50% of its REEs value (14,251 €/ton). Also, it was found that the main OPEX costs are raw materials (65%) and energy (16%), respectively. It needs to be pointed out that the maximum price of permanent magnets can be 15,230 €/ton (BEP).

Keywords


Editorial History

  • Received: 18 Apr 2024
  • Revised: 03 Jun 2024
  • Accepted: 12 Jul 2024
  • Available online: 30 Sep 2024

References

Belfqueh, S., et al., 2023. Evaluating organic acids as alternative leaching reagents for rare earth elements recovery from NdFeB magnets. Journal of Rare Earths. 41(4): p. 621-631

Eyl-Mazzega, M.-A. and C. Mathieu, 2020. The European union and the energy transition. The geopolitics of the global energy transition. p. 27-46

Gergoric, M., et al., 2018. Leaching and recovery of rare-earth elements from neodymium magnet waste using organic acids. Metals. 8(9): p. 721

Kapustka, K., et al., 2020. Process Management and Technological Challenges in the Aspect of Permanent Magnets Recovery-the Second Life of Neodymium Magnets. Manufacturing Technology. 20(5): p. 617-624

Klemettinen, A., et al., 2021. Leaching of rare earth elements from NdFeB magnets without mechanical pretreatment by sulfuric (H2SO4) and hydrochloric (HCl) acids. Minerals. 11(12): p. 1374

Kumari, A., et al., 2018. Recovery of rare earths from spent NdFeB magnets of wind turbine: Leaching and kinetic aspects. Waste Management. 75: p. 486-498

Lee, C.-H., et al., 2013. Selective leaching process for neodymium recovery from scrap Nd-Fe-B magnet. Metallurgical and Materials Transactions A. 44: p. 5825-5833

Medina-Martos et al., 2020. Techno-economic and life cycle assessment of an integrated hydrothermal carbonization system for sewage sludge. Journal of Cleaner Production. 277. 122939

Ni’am, A.C., et al., 2020. Simultaneous recovery of rare earth elements from waste permanent magnets (WPMs) leach liquor by solvent extraction and hollow fiber supported liquid membrane. Chemical Engineering and Processing - Process Intensification. 148: p. 107831

Romano, P., N.M. Ippolito, and F. Vegliò, 2023 (a). Chemical Characterization of an ARDUINO® Board and Its Surface Mount Devices for the Evaluation of Their Intrinsic Economic Value. Processes. 11(7): p. 1911

Romano, P., et al., 2023 (b). Leaching of rare earth elements from permanent magnet swarf in citric acid: Effects of acid concentration on extraction kinetics. Metals. 13(11): p. 1801

Uysal, E., et al., 2023. Hydrometallurgical recycling of waste NdFeB magnets: design of experiment, optimisation of low concentrations of sulphuric acid leaching and process analysis. Canadian Metallurgical Quarterly. 62(1): p. 107-118

Yoon, H.-S., et al., 2014. Leaching kinetics of neodymium in sulfuric acid from E-scrap of NdFeB permanent magnet. Korean Journal of Chemical Engineering. 31: p. 706-711

Yang, Y., et al., 2017. REE recovery from end-of-life NdFeB permanent magnet scrap: a critical review. Journal of Sustainable Metallurgy. 3: p. 122-149