Author: sHq_LoGiNz
Advanced solid-state battery module and zero-emission construction machinery to debut at CES 2026
LAS VEGAS, Jan. 6, 2026 /PRNewswire/ — ProLogium Technology, a global leader in next-generation lithium ceramic battery technology, today announced a strategic collaboration with Japanese energy powerhouse Kyushu Electric Power Co., Inc. and Japan’s leading construction machinery manufacturer Nakayama Iron Works, Ltd. The three companies will jointly showcase, for the first time at CES 2026, a 24V solid-state battery module powered by ProLogium solid-state batteries. The module is also planned for integration into two groundbreaking zero-emission construction machines — the MSD700 and NE100HBJ. This partnership not only establishes a vertically integrated ecosystem spanning from battery cell to end product, but also marks a major breakthrough for solid-state batteries in industrial and heavy machinery applications. Together, the companies aim to set a new benchmark for the global energy transition and smart construction solutions.
Responding to the urgent global demand in industrial and engineering sectors for safer, more efficient, and more sustainable energy solutions — and as the safety and performance challenges of conventional lithium batteries become increasingly evident — Vincent Yang, Founder and CEO of ProLogium, stated: “ProLogium’s next-generation solid-state lithium ceramic battery features a unique Super-fluidized All Inorganic Solid State Electrolyte (combining a non-flammable all-inorganic electrolyte with an Active Safety Mechanism (ASM) that is released under high temperature and high voltage to stabilize the active materials of both the cathode and anode. This enables the battery to truly interrupt thermal chain reactions and achieve the ultimate goal of eliminating thermal runaway, fundamentally addressing the risks of thermal runaway and combustion found in conventional batteries. Through our co-development of a 24V module with Kyushu Electric Power, and its ultimate integration into construction machinery by Nakayama Iron Works, this deep partnership not only expands solid-state battery applications into broad industrial fields such as construction machinery, but also delivers unprecedented safety and performance assurance through full vertical integration from cell to end product. We are thrilled by this progress and look forward to working with our partners to accelerate the future of smart construction and sustainable energy, delivering safe, stable, and high-efficiency energy solutions to society.”
Leveraging Vertical Integration to Set a New Benchmark for Industrial Solid-State Battery Applications
At the core of this strategic alliance is the integration of the three parties’ expertise and technologies. ProLogium provides its world-leading next-generation solid-state lithium ceramic cells; Kyushu Electric Power, leverages its extensive experience in energy technology and lithium-ion battery monitoring/control to design the 24V solid-state battery module; and Nakayama Iron Works will integrate the high-performance module into its advanced construction machinery. This collaborative model — supported by module manufacturer Seiko Electric and worldwide sales agent Sojitz Kyushu Corporation — forms a complete vertically integrated chain from battery cell to end product. It ensures quality, performance, and cost optimization from technology R&D through market deployment, enabling a highly efficient value chain.
Mr. Koji Kurayama, Manager of Next-Generation Storage Battery System Project of Kyushu Electric Power said: “We are excited to leverage our expertise in energy technology and battery monitoring to contribute to the development of next-generation solid-state battery solutions. This collaboration represents a significant step toward realizing a sustainable and carbon-neutral future.”
Mr. Hiroshi Nakayama, President of Nakayama Iron Works stated: “By integrating next-generation solid-state battery technology and collaborating with industry leaders, we are committed to delivering advanced solutions that address the evolving needs of our customers and contribute to a sustainable future.”
First Appearance at CES 2026: Leading Construction Machinery into the Zero-Emission Era
To showcase the initial outcomes of this collaboration, ProLogium, Kyushu Electric Power, and Nakayama Iron Works will jointly — for the first time — present at CES 2026 a 24V solid-state battery module powered by ProLogium’s next-generation solid-state cells, alongside groundbreaking zero-emission construction machinery end products. The DC 24V battery module incorporates seven ProLogium SN-10 cells, delivering a capacity of up to 111.3Ah in a compact form factor with high vibration resistance. It supports an operating voltage range of 29.4–17.5V, with an energy capacity of up to 2,671Wh. Through flexible series/parallel configurations, the module can deliver outstanding performance — including high voltage, high current, and large capacity — and, compared with existing lithium-ion solutions, is expected to extend MSD700 all-functions operating time from 2 hours to 3.7 hours, while reducing charging time to approximately 0.45 hours (~27 minutes). For NE100HBJ, operating time is expected to increase from 8 hours to 10 hours in travel duty and from 4 hours to 10 hours in crushing duty, with charging time shortened to approximately 0.24 hours (~14 minutes). By combining longer runtime with fast energy replenishment, the solution significantly improves equipment uptime and jobsite productivity, making it suitable for a wide range of industrial applications.
These innovative construction machines planned for the solid-state battery module are expected to deliver significant benefits to the industry:
- MSD700 is a compact, battery-driven construction machine designed for narrow environments where large equipment or personnel are difficult to operate so compact vehicle design is crucial. With zero emissions, it can operate safely indoors, low temperature or underground severe circumstances without concerns about exhaust gases.
- NE100HBJ, part of the DENDOMAN series, is a battery-driven crusher capable of crushing 15–50 tons per hour of rock/concrete — also achieving zero emissions.
Compared with conventional lithium batteries, ProLogium solid-state batteries enable the MSD700 and NE100HBJ to achieve longer operating time and efficient charging capabilities, significantly enhancing their market competitiveness and setting a new benchmark for smarter and more sustainable industrial development worldwide.
Expanding the Solid-State Battery Application Landscape with Safe, High-Efficiency Sustainable Energy Solutions
ProLogium has long been dedicated to the R&D and manufacturing of safe, high-efficiency next-generation solid-state lithium ceramic batteries, delivering innovative energy solutions. Conventional lithium batteries may face thermal runaway and combustion risks due to liquid electrolytes and separator-related issues. Meanwhile, even some mainstream sulfide-based solid-state batteries may still carry potential combustion concerns. ProLogium remains at the forefront of safety technology. ProLogium’s latest achievement — the fourth-generation Super-fluidized All Inorganic Solid State Electrolyte with its built-in Active Safety Mechanism (ASM) — effectively suppresses the spread and chain reaction of thermal runaway, fundamentally eliminating safety hazards. In addition, ProLogium’s gigawatt-hour-scale superfactory mass production capability optimizes manufacturing costs, enabling the company to meet diverse global partner needs at a reasonable price point and deliver sustainable, stable energy to society. This collaboration with Kyushu Electric Power and Nakayama Iron Works marks the beginning of ProLogium solid-state batteries’ expansion into the construction machinery industry — another major step forward in the pursuit of safe and reliable energy solutions.
View original content:https://www.prnewswire.com/news-releases/prologium-kyushu-electric-power-and-nakayama-iron-works-join-forces-to-pioneer-a-new-era-in-construction-machinery-302654370.html
SOURCE ProLogium
DALLAS–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ:FWRD) (the “Company,” “Forward,” “we,” “our” or “us”) today announced the release of its 2025 Sustainability Report, highlighting progress across its sustainability efforts and support for employees, customers and communities. “Being a responsible company is an integral part of our transformation into a global logistics provider. How we approach sustainability plays a pivotal role in how we grow our business, strengthen customer relations
NEW YORK and LONDON, January 6, 2026 /3BL/ – AccountAbility is glad to announce that its Chief Executive Officer, Mr. Sunil (Sunny) A. Misser, has been nominated and appointed to the Cardinal’s Committee for Charity, an initiative of Catholic Charities of the Archdiocese of New York. The Committee includes CEOs and senior partners from leading global organizations such as Santander, BlackRock, J.P. Morgan, Citi, EY, KPMG, and others, who collaborate to advance the mission of the Catholic Charities through philanthropic and civic engagement across the Greater New York region.
Mr. Misser’s nomination was led by Mr. Marco Antonio Achon, Co-Chair of the Cardinal’s Committee for Charity and Member of the Board of Trustees for the Catholic Charities of New York. Mr. Achon also serves as the Global Head of Corporate and Investment Banking for Santander.
“Mr. Misser’s leadership exemplifies what this Committee seeks to represent – trust, empathy, and a commitment to service,” said Mr. Achon. “His experience in driving accountability, partnerships and impact across global institutions brings an important perspective to our shared mission of building stronger, responsible and more compassionate communities throughout New York.”
The appointment recognizes Mr. Misser’s long-standing commitment to advancing responsible business, better governance, and social impact, both, globally and within the local communities that AccountAbility calls home. His participation will focus on strengthening partnerships that create equitable opportunity and support local and state-wide initiatives aimed at improving lives and livelihoods.
“It is a privilege to join the Cardinal’s Committee for Charity and contribute to its mission of compassion and community,” said Mr. Misser, Chief Executive Officer of AccountAbility. “While AccountAbility works with organizations around the world to advance sustainability and performance, this role reflects our equally important commitment to improving lives here in New York.”
Mr. Misser’s appointment builds upon AccountAbility’s ongoing efforts to integrate purpose and performance – and underscores the firm’s belief that responsible leadership begins at home , where the firm recently launched the AccountAbility Sustainability “S” Lab partnership with the Colin Powell School for Civic and Global Leadership at the City College of New York (CCNY), where Mr. Misser serves on the school’s Board of Visitors.
About AccountAbility
Established in 1995, AccountAbility is a leading global consulting and standards firm dedicated to advancing the Sustainability and ESG agenda. The firm works with businesses, investors, governments, and multilateral organizations to improve sustainability performance, drive innovation, and create lasting impact. Operating as a Public Benefit Corporation, AccountAbility has a global presence with offices in New York, London, Riyadh, and Dubai. The firm has been recognized by the Financial Times, Forbes, and Capital Finance International for its excellence in sustainability, strategy, and governance and its website is archived by the United States Library of Congress.
Learn more at www.accountability.org.
About Catholic Charities of New York
Catholic Charities of the Archdiocese of New York provides help and creates hope for hundreds of thousands of New Yorkers in need – non-Catholic and Catholic alike. The organization delivers a broad network of services across food security, housing, immigration, education, workforce development, and emergency assistance. The Cardinal’s Committee for Charity engages business and civic leaders in advancing these initiatives to build a more just and compassionate New York.
Learn more at www.catholiccharitiesny.org.
NEW YORK and LONDON, January 6, 2026 /3BL/ – AccountAbility is glad to announce that its Chief Executive Officer, Mr. Sunil (Sunny) A. Misser, has been nominated and appointed to the Cardinal’s Committee for Charity, an initiative of Catholic Charities of the Archdiocese of New York. The Committee includes CEOs and senior partners from leading global organizations such as Santander, BlackRock, J.P. Morgan, Citi, EY, KPMG, and others, who collaborate to advance the mission of the Catholic Charities through philanthropic and civic engagement across the Greater New York region.
Mr. Misser’s nomination was led by Mr. Marco Antonio Achon, Co-Chair of the Cardinal’s Committee for Charity and Member of the Board of Trustees for the Catholic Charities of New York. Mr. Achon also serves as the Global Head of Corporate and Investment Banking for Santander.
“Mr. Misser’s leadership exemplifies what this Committee seeks to represent – trust, empathy, and a commitment to service,” said Mr. Achon. “His experience in driving accountability, partnerships and impact across global institutions brings an important perspective to our shared mission of building stronger, responsible and more compassionate communities throughout New York.”
The appointment recognizes Mr. Misser’s long-standing commitment to advancing responsible business, better governance, and social impact, both, globally and within the local communities that AccountAbility calls home. His participation will focus on strengthening partnerships that create equitable opportunity and support local and state-wide initiatives aimed at improving lives and livelihoods.
“It is a privilege to join the Cardinal’s Committee for Charity and contribute to its mission of compassion and community,” said Mr. Misser, Chief Executive Officer of AccountAbility. “While AccountAbility works with organizations around the world to advance sustainability and performance, this role reflects our equally important commitment to improving lives here in New York.”
Mr. Misser’s appointment builds upon AccountAbility’s ongoing efforts to integrate purpose and performance – and underscores the firm’s belief that responsible leadership begins at home , where the firm recently launched the AccountAbility Sustainability “S” Lab partnership with the Colin Powell School for Civic and Global Leadership at the City College of New York (CCNY), where Mr. Misser serves on the school’s Board of Visitors.
About AccountAbility
Established in 1995, AccountAbility is a leading global consulting and standards firm dedicated to advancing the Sustainability and ESG agenda. The firm works with businesses, investors, governments, and multilateral organizations to improve sustainability performance, drive innovation, and create lasting impact. Operating as a Public Benefit Corporation, AccountAbility has a global presence with offices in New York, London, Riyadh, and Dubai. The firm has been recognized by the Financial Times, Forbes, and Capital Finance International for its excellence in sustainability, strategy, and governance and its website is archived by the United States Library of Congress.
Learn more at www.accountability.org.
About Catholic Charities of New York
Catholic Charities of the Archdiocese of New York provides help and creates hope for hundreds of thousands of New Yorkers in need – non-Catholic and Catholic alike. The organization delivers a broad network of services across food security, housing, immigration, education, workforce development, and emergency assistance. The Cardinal’s Committee for Charity engages business and civic leaders in advancing these initiatives to build a more just and compassionate New York.
Learn more at www.catholiccharitiesny.org.
NEW YORK and LONDON, January 6, 2026 /3BL/ – AccountAbility is glad to announce that its Chief Executive Officer, Mr. Sunil (Sunny) A. Misser, has been nominated and appointed to the Cardinal’s Committee for Charity, an initiative of Catholic Charities of the Archdiocese of New York. The Committee includes CEOs and senior partners from leading global organizations such as Santander, BlackRock, J.P. Morgan, Citi, EY, KPMG, and others, who collaborate to advance the mission of the Catholic Charities through philanthropic and civic engagement across the Greater New York region.
Mr. Misser’s nomination was led by Mr. Marco Antonio Achon, Co-Chair of the Cardinal’s Committee for Charity and Member of the Board of Trustees for the Catholic Charities of New York. Mr. Achon also serves as the Global Head of Corporate and Investment Banking for Santander.
“Mr. Misser’s leadership exemplifies what this Committee seeks to represent – trust, empathy, and a commitment to service,” said Mr. Achon. “His experience in driving accountability, partnerships and impact across global institutions brings an important perspective to our shared mission of building stronger, responsible and more compassionate communities throughout New York.”
The appointment recognizes Mr. Misser’s long-standing commitment to advancing responsible business, better governance, and social impact, both, globally and within the local communities that AccountAbility calls home. His participation will focus on strengthening partnerships that create equitable opportunity and support local and state-wide initiatives aimed at improving lives and livelihoods.
“It is a privilege to join the Cardinal’s Committee for Charity and contribute to its mission of compassion and community,” said Mr. Misser, Chief Executive Officer of AccountAbility. “While AccountAbility works with organizations around the world to advance sustainability and performance, this role reflects our equally important commitment to improving lives here in New York.”
Mr. Misser’s appointment builds upon AccountAbility’s ongoing efforts to integrate purpose and performance – and underscores the firm’s belief that responsible leadership begins at home , where the firm recently launched the AccountAbility Sustainability “S” Lab partnership with the Colin Powell School for Civic and Global Leadership at the City College of New York (CCNY), where Mr. Misser serves on the school’s Board of Visitors.
About AccountAbility
Established in 1995, AccountAbility is a leading global consulting and standards firm dedicated to advancing the Sustainability and ESG agenda. The firm works with businesses, investors, governments, and multilateral organizations to improve sustainability performance, drive innovation, and create lasting impact. Operating as a Public Benefit Corporation, AccountAbility has a global presence with offices in New York, London, Riyadh, and Dubai. The firm has been recognized by the Financial Times, Forbes, and Capital Finance International for its excellence in sustainability, strategy, and governance and its website is archived by the United States Library of Congress.
Learn more at www.accountability.org.
About Catholic Charities of New York
Catholic Charities of the Archdiocese of New York provides help and creates hope for hundreds of thousands of New Yorkers in need – non-Catholic and Catholic alike. The organization delivers a broad network of services across food security, housing, immigration, education, workforce development, and emergency assistance. The Cardinal’s Committee for Charity engages business and civic leaders in advancing these initiatives to build a more just and compassionate New York.
Learn more at www.catholiccharitiesny.org.
Companies to Collaborate Using Noveon’s M2M™ Technology on End of Life LG Products to Produce Recycled High-Performance Magnets
SAN MARCOS, Texas, Jan. 6, 2026 /PRNewswire/ — Noveon Magnetics, Kangwon Energy Co., Ltd., and LG Electronics Co., Ltd. today announced a strategic agreement to advance closed-loop recycling of rare earth permanent magnets, leveraging Noveon’s proprietary Magnet-to-Magnet (M2M™) technology. As part of the program’s initial phase, the companies will utilize Noveon’s technology on end-of-life (EOL) magnets recovered from LG Electronics products to produce new, high-performance magnets for LG products.
“This initiative is a major step toward building a more secure and sustainable rare earth supply chain,” said Scott Dunn, CEO of Noveon Magnetics. “By partnering with Kangwon Energy to scale our proprietary M2M™ technology and collaborating with LG Electronics, including its eco-friendly rare earth permanent magnet recycling technology, on joint development and validation efforts, we aim to demonstrate the environmental and performance benefits of closed loop rare earth magnet recycling.
The program will expand with additional production capacity at a new facility in South Korea that is currently under development through Noveon’s joint venture with Kangwon Energy. Collaborating with LG Electronics on technology development and using their products for validation ensures real-world performance data, supporting future adoption across multiple industries.
“At LG Electronics, we design products with their full lifecycle in mind,” said Pilhyun Yoon, Vice President of LG Electronics Home Appliance Solution Company. “This collaboration allows us to validate recycled rare earth magnets directly within our products and manufacturing processes, proving that circular materials can meet the same performance and quality standards consumers expect. Partnerships like this are critical to turning sustainability into an operational reality.”
By reclaiming rare earth elements already in circulation, the initiative reduces reliance on traditional mining and mitigates exposure to volatile supply chains — particularly those dominated by China, which currently controls over 90% of global magnet production. This closed-loop approach strengthens supply chain resilience, enhances material security, and supports a circular economy model for next-generation technologies.
Magnets produced through the M2M™ process during the validation phase will be tested in LG Electronics applications, from household appliances to consumer electronics, confirming their strength, quality, and sustainability.
About Noveon Magnetics
Noveon Magnetics, the first operational manufacturer of sintered NdFeB rare earth magnets in the United States and the first to reshore them in over 20 years. Through its proprietary EcoFlux™ technology, Noveon delivers a fully domestic, closed-loop magnet manufacturing capability that maximizes resource efficiency, allows for the beneficial use of recycled materials, and produces superior high-performance finished magnets that meet the full range of commercial and industrial demand. Noveon’s products provide a secure and resilient supply chain solution for critical applications including electric vehicles, wind turbines, robotics, motors, pumps, data storage, consumer electronics, and defense systems. Learn more at https://noveon.co/.
About Kangwon Energy Co., Ltd.
Kangwon Energy is a leading Korean engineering company specializing in industrial boilers, secondary battery process equipment, and energy-plant EPC. Building on proven capabilities in materials-process design (powders, slurries, thermal processes), solvent/gas systems, utilities integration, automation, and environmental compliance, Kangwon is expanding into rare earth magnet manufacturing and recycling through its joint venture with Noveon Magnetics, helping strengthen Korea’s sustainable energy and advanced-materials industries.
About LG Electronics Co., Ltd.
The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers’ quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG’s Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LGnewsroom.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/noveon-magnetics-kangwon-energy-and-lg-electronics-launch-closed-loop-rare-earth-magnet-recycling-initiative-302654272.html
SOURCE Noveon Magnetics
Companies to Collaborate Using Noveon’s M2M™ Technology on End of Life LG Products to Produce Recycled High-Performance Magnets
SAN MARCOS, Texas, Jan. 6, 2026 /PRNewswire/ — Noveon Magnetics, Kangwon Energy Co., Ltd., and LG Electronics Co., Ltd. today announced a strategic agreement to advance closed-loop recycling of rare earth permanent magnets, leveraging Noveon’s proprietary Magnet-to-Magnet (M2M™) technology. As part of the program’s initial phase, the companies will utilize Noveon’s technology on end-of-life (EOL) magnets recovered from LG Electronics products to produce new, high-performance magnets for LG products.
“This initiative is a major step toward building a more secure and sustainable rare earth supply chain,” said Scott Dunn, CEO of Noveon Magnetics. “By partnering with Kangwon Energy to scale our proprietary M2M™ technology and collaborating with LG Electronics, including its eco-friendly rare earth permanent magnet recycling technology, on joint development and validation efforts, we aim to demonstrate the environmental and performance benefits of closed loop rare earth magnet recycling.
The program will expand with additional production capacity at a new facility in South Korea that is currently under development through Noveon’s joint venture with Kangwon Energy. Collaborating with LG Electronics on technology development and using their products for validation ensures real-world performance data, supporting future adoption across multiple industries.
“At LG Electronics, we design products with their full lifecycle in mind,” said Pilhyun Yoon, Vice President of LG Electronics Home Appliance Solution Company. “This collaboration allows us to validate recycled rare earth magnets directly within our products and manufacturing processes, proving that circular materials can meet the same performance and quality standards consumers expect. Partnerships like this are critical to turning sustainability into an operational reality.”
By reclaiming rare earth elements already in circulation, the initiative reduces reliance on traditional mining and mitigates exposure to volatile supply chains — particularly those dominated by China, which currently controls over 90% of global magnet production. This closed-loop approach strengthens supply chain resilience, enhances material security, and supports a circular economy model for next-generation technologies.
Magnets produced through the M2M™ process during the validation phase will be tested in LG Electronics applications, from household appliances to consumer electronics, confirming their strength, quality, and sustainability.
About Noveon Magnetics
Noveon Magnetics, the first operational manufacturer of sintered NdFeB rare earth magnets in the United States and the first to reshore them in over 20 years. Through its proprietary EcoFlux™ technology, Noveon delivers a fully domestic, closed-loop magnet manufacturing capability that maximizes resource efficiency, allows for the beneficial use of recycled materials, and produces superior high-performance finished magnets that meet the full range of commercial and industrial demand. Noveon’s products provide a secure and resilient supply chain solution for critical applications including electric vehicles, wind turbines, robotics, motors, pumps, data storage, consumer electronics, and defense systems. Learn more at https://noveon.co/.
About Kangwon Energy Co., Ltd.
Kangwon Energy is a leading Korean engineering company specializing in industrial boilers, secondary battery process equipment, and energy-plant EPC. Building on proven capabilities in materials-process design (powders, slurries, thermal processes), solvent/gas systems, utilities integration, automation, and environmental compliance, Kangwon is expanding into rare earth magnet manufacturing and recycling through its joint venture with Noveon Magnetics, helping strengthen Korea’s sustainable energy and advanced-materials industries.
About LG Electronics Co., Ltd.
The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers’ quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG’s Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LGnewsroom.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/noveon-magnetics-kangwon-energy-and-lg-electronics-launch-closed-loop-rare-earth-magnet-recycling-initiative-302654272.html
SOURCE Noveon Magnetics
Companies to Collaborate Using Noveon’s M2M™ Technology on End of Life LG Products to Produce Recycled High-Performance Magnets
SAN MARCOS, Texas, Jan. 6, 2026 /PRNewswire/ — Noveon Magnetics, Kangwon Energy Co., Ltd., and LG Electronics Co., Ltd. today announced a strategic agreement to advance closed-loop recycling of rare earth permanent magnets, leveraging Noveon’s proprietary Magnet-to-Magnet (M2M™) technology. As part of the program’s initial phase, the companies will utilize Noveon’s technology on end-of-life (EOL) magnets recovered from LG Electronics products to produce new, high-performance magnets for LG products.
“This initiative is a major step toward building a more secure and sustainable rare earth supply chain,” said Scott Dunn, CEO of Noveon Magnetics. “By partnering with Kangwon Energy to scale our proprietary M2M™ technology and collaborating with LG Electronics, including its eco-friendly rare earth permanent magnet recycling technology, on joint development and validation efforts, we aim to demonstrate the environmental and performance benefits of closed loop rare earth magnet recycling.
The program will expand with additional production capacity at a new facility in South Korea that is currently under development through Noveon’s joint venture with Kangwon Energy. Collaborating with LG Electronics on technology development and using their products for validation ensures real-world performance data, supporting future adoption across multiple industries.
“At LG Electronics, we design products with their full lifecycle in mind,” said Pilhyun Yoon, Vice President of LG Electronics Home Appliance Solution Company. “This collaboration allows us to validate recycled rare earth magnets directly within our products and manufacturing processes, proving that circular materials can meet the same performance and quality standards consumers expect. Partnerships like this are critical to turning sustainability into an operational reality.”
By reclaiming rare earth elements already in circulation, the initiative reduces reliance on traditional mining and mitigates exposure to volatile supply chains — particularly those dominated by China, which currently controls over 90% of global magnet production. This closed-loop approach strengthens supply chain resilience, enhances material security, and supports a circular economy model for next-generation technologies.
Magnets produced through the M2M™ process during the validation phase will be tested in LG Electronics applications, from household appliances to consumer electronics, confirming their strength, quality, and sustainability.
About Noveon Magnetics
Noveon Magnetics, the first operational manufacturer of sintered NdFeB rare earth magnets in the United States and the first to reshore them in over 20 years. Through its proprietary EcoFlux™ technology, Noveon delivers a fully domestic, closed-loop magnet manufacturing capability that maximizes resource efficiency, allows for the beneficial use of recycled materials, and produces superior high-performance finished magnets that meet the full range of commercial and industrial demand. Noveon’s products provide a secure and resilient supply chain solution for critical applications including electric vehicles, wind turbines, robotics, motors, pumps, data storage, consumer electronics, and defense systems. Learn more at https://noveon.co/.
About Kangwon Energy Co., Ltd.
Kangwon Energy is a leading Korean engineering company specializing in industrial boilers, secondary battery process equipment, and energy-plant EPC. Building on proven capabilities in materials-process design (powders, slurries, thermal processes), solvent/gas systems, utilities integration, automation, and environmental compliance, Kangwon is expanding into rare earth magnet manufacturing and recycling through its joint venture with Noveon Magnetics, helping strengthen Korea’s sustainable energy and advanced-materials industries.
About LG Electronics Co., Ltd.
The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers’ quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG’s Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LGnewsroom.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/noveon-magnetics-kangwon-energy-and-lg-electronics-launch-closed-loop-rare-earth-magnet-recycling-initiative-302654272.html
SOURCE Noveon Magnetics