Galvanix

For businesses that want domestic sources of sustainable metals, Galvanix is commercializing a reduction process that only generates the desired metal, oxygen, and low-grade heat. We are initially prioritizing reduction of high-cost neodymium metal (market size over a billion) which is essential to permanent magnets used in electric vehicles, windmills, computer hard drives, and various defense applications. The neodymium market is over 90% controlled by China today making our solution a priority in the wake of global pandemic supply chain disruptions.

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