Magnax Joins the HARMONY Project to Build a Resilient Rare-Earth Permanent Magnet Supply Chain in Europe
Magnax is proud to announce its participation in the EU-funded HARMONY project—an ambitious effort to strengthen Europe’s independence in the supply of Rare-Earth Permanent Magnets.
From medical equipment to electric vehicles, rare-earth permanent magnets such as neodymium (NdFeB) are indispensable.
Currently, Europe sources a significant portion of these materials from international markets, mostly from China. Reliance like this exposes Europe’s innovation, sustainability, and industrial resilience to risk.
HARMONY brings together over 20 academic and industrial partners from across Europe, coordinated by CEIT in Spain.
The three-year project began in January 2024, and it will develop a circular value chain for recycling and reusing NdFeB magnets. NdFeB magnets are used in EV motors, wind turbines, and countless other applications.
Magnax brings experience in high-performance axial flux electric drives to the HARMONY project. In collaboration with Traxial, our e-mobility subsidiary, we are developing advanced motors that incorporate recycled magnets.
“With HARMONY, we’re proud to help strengthen Europe’s strategic autonomy by building a closed-loop recycling supply chain for NdFeB magnets” says Aurelie Villemur, Materials Engineer at Traxial.
“Our focus here in Traxial is to make our motor’s more sustainable, by using recycled magnets in our axial flux motors and designing them in a way that makes magnet recovery and reuse easier at the end of the motor’s life.”
Traxial will be showcasing a prototype highlighting both competitive performance and sustainability benefits, with these advancements being incorporated into our commercialized axial motor lines for automotive applications.
Through the integration of recycled magnets into HARMONY, we further enhance the inherent efficiency of axial flux designs, which already use fewer permanent magnets than traditional radial flux motors. The work represents a critical milestone on the path to a circular and resilient European permanent magnet supply chain.
Follow the project’s journey on its official website and on LinkedIn.
