Schomp Honda

Honda Motor Company and the Japan Metals & Chemicals Company have confirmed the establishment of a world-first process to extract rare-earth metals from various used parts in Honda products.

The recycling process could, in the longer term, appease the current mercurial rare earths supply-demand cycle that depends on the mining of these 15 elements.

Rare earths are used in green-energy devices, such as wind turbines, electric and hybrid vehicles, as well as consumer and industrial electronics, such as iPads and television screens.

China effectively controls the rare…