China controls roughly 70% of global rare-earth mining and nearly 90% of refining, the step that turns ore into the magnets and components inside defense systems, AI infrastructure and the energy transition. Recycling existing equipment is the only lever that moves on the same timescale as that demand.
of global rare-earth mining is controlled by China
of global rare-earth refining, the step that produces usable oxides and magnets
years, on average, to develop a new U.S. mine, permitting alone takes nearly a decade
The U.S. has almost no heavy rare earths in its own mines. New mine development cannot close that gap on any timeline that matches current demand.
REcapture recovers neodymium, dysprosium, praseodymium and terbium from retired hard drives, motors and other magnet-bearing assets, refining them into high-purity oxides that re-enter domestic manufacturing rather than a landfill or an export container.
The primary magnet element in motors, drives and wind turbines.
Improves magnet performance at high temperature, critical for defense and EV motors.
Typically recovered alongside neodymium; strengthens the same magnet alloys.
Scarcest of the four, used where magnets must hold performance under heat.
That volume only exists at hyperscale. Hyperscalers, large enterprises refreshing thousands of drives at once, and government fleets are the only customers who generate feedstock at the scale this recovery model requires.
A retired turbine comes down in pieces too large to move whole: nacelle, blades, and a generator carrying the same neodymium magnets found in a hard drive, just measured in kilograms instead of grams. Where a data center gives up rare earths one drive at a time, a single wind farm gives them up by the ton.
That generator runs through the same REcapture pathway as every other magnet-bearing asset on the platform, an application, not a separate business.
If your fleet is generating retired hard drives, motors or turbines at scale, that volume has a recovery value. Let's model it.
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