PERMANET PERmanent MAgnet Network for the European Transition

Summary

PERMANET is a Sustainable REE Innovation and Supply Network covering the full Rare Earth Elements (REE) Permanent Magnet (PM) value chain.

It is structured upon 5 layers: 1) Three Sustainable, Connected Tech ‘Hubs’ segmented along the full REE PM value chain and organizing thematic collaborative R&D and supply ecosystems 2) 13 fully Scalable Innovations to reach TRL7 and expand in scale and deployment range along the entire value chain 3) A structural layer of R&D infrastructure, equipment and services to fuel Pilot and Demonstration activities 4) Five Enabling “Engines” addressing the key conditions for sustainable and competitive REE supply 5) All embedded within a single PERMANET Network Infrastructure with its own, sustainable organizational model.

The Network accelerates leading-edge innovations, from REE extraction from mining tailings and hydrometallurgical processes to oxide reduction and innovative production processes, all the way to the production of innovative PM and their testing by end users in industrial environment across 1/ E-Mobility 2/ Energy 3/ Industrial Equipment.

PERMANET also secures key sources of REE such as leading mining projects from the EU and Partner Countries, as well as End of Life (EoL) sectors (WEEE, EV, etc.). The project relies on enabling activities ranging from strategic venturing to investment support to build sub-optimal EU REE PM Segments. The project unlocks viable reserves of REE including unconventional sources and will demonstrate novel, cost-effective, and environmentally sound REE extraction, processing, and separation routes, as well as demonstrate the first EU hub for PM boosting circular PM technologies to deploy at market scale.

The project is ready to be fully integrated with other EU-backed PM Hubs and aims to grow into a fully-fledged Pan-EU pilot and demonstration infrastructure to remain sustainable post-funding.

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Web resources:	https://cordis.europa.eu/project/id/101178444
Start date:	01-10-2024
End date:	31-01-2028
Total budget - Public funding:	20 819 760,50 Euro - 15 998 160,00 Euro