Latest / The Manufacturing Podcast with Fexingo: Factories, Supply Chains, and Industrial Business
How a Canadian Factory Is Turning Mining Waste into Rare Earth Magnets
In this episode, Lucas and Luna explore how a factory in Saskatchewan is taking low-grade mining tailings and turning them into rare earth magnets for electric vehicles and wind turbines. They break down the specific process—separating neodymium and dysprosium from old mine waste—and explain why this matters for supply chain security outside China. The hosts also discuss the economics of the facility, including a $50 million Canadian government grant and the projected cost per kilogram of magnet production. Listeners will learn one concrete number: the factory aims to produce 500 metric tons…
The skinny
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