- The La Rochelle facility starts commercial production of rare earths for permanent magnets.
- The expansion aims to meet 30% of European demand by 2030.
- The facility will source materials from diverse suppliers as per the Critical Raw Materials Act.
- The process aims to reduce CO2 emissions by 40% and halve water use by 2030.
Production Expansion
Solvay has inaugurated a new rare earths production line for permanent magnets at its La Rochelle facility. This expansion marks a key step in meeting Europe's strategic goals for rare earths production. The facility is the largest outside China capable of separating all rare earth materials, enhancing Solvay's position in the global market.
Strategic Objectives
The new production line aims to satisfy 30% of European demand for rare earths by 2030. These materials are crucial for electric vehicle motors, renewable energy, advanced electronics, and defense systems. The facility will source rare earths and recycled materials from a diverse range of suppliers, in line with the Critical Raw Materials Act.
Sustainability Goals
Solvay is committed to reducing CO2 emissions by 40% and halving water consumption by 2030 through innovative processes. The company is leveraging its expertise in rare earths separation to support green technologies and contribute to Europe's autonomy in rare earths production.
Supply Chain Partnerships
To ensure a robust and sustainable supply chain, Solvay is partnering with emerging mining and recycling players. These collaborations are crucial for enhancing Europe's competitiveness and industrial sovereignty in the rare earths sector.
