Technology Development Board (TDB) – Department of Science and Technology (DST) has approved support for M/s Midwest Advanced Materials Private Limited, Hyderabad, for the production of sustainable magnets.
Technology Development Board (TDB) - Department of Science and Technology (DST) approves support for M/s Midwest Advanced Materials Private Limited, Hyderabad for Sustainable Magnet Production
Technology Development Board (TDB) – Department of Science and Technology (DST) approves support for M/s Midwest Advanced Materials Private Limited, Hyderabad for Sustainable Magnet Production
TDB promote domestic production of essential goods and technology.
https://tdb.gov.in/The Technology Development Board (TDB), under the Department of Science and Technology (DST), Hyderabad, has sanctioned funds for M/s Midwest Advanced Materials Private Limited (MAM), Hyderabad, with an aim to promote domestic production of essential goods and technology.
This strategic project focuses on advancing the commercial production of neodimium materials and rare earth permanent magnets
This strategic project focuses on advancing the commercial production of neodimium materials and rare earth permanent magnets, which are integral components for e-mobility applications. Aligned with national priorities, the project aims to establish an integrated production module for rare earth (RE) magnets ranging from oxides. Using a modified metal extraction method using Molten Salt Electrolysis (MSE) technology, which includes an environmentally sustainable electrolysis process with proprietary cell design, this step represents an important step towards sustainable technological improvement.
Neodymium (NDFEB) is essential for permanent magnet propulsion
In his address, Dr K Bala Subramanian, Director, NFDTC, stressed on the importance of the project as a trile-blazing initiative in India. He had envisaged the production of 150-170 tonnes of oxide annually, which would be an important milestone for the country. Spread across the globe, from motors and manufactured magnets to rare earth oxides, this scientific breakthrough is expected to have a significant impact on many high-tech industries, including smartphones, wind turbines, medical imaging devices and electronic mobility. For this project, five specialized tools have been carefully constructed to provide the best managerial effectiveness and efficiency.
The project benefits from very little investment (capex) due to local plant and machinery design
The project benefits from very little investment (capex) due to local plant and machinery design. With India Rare Earth Engineers Limited (IREL) supplying raw materials, the project will be financially feasible in terms of operational costs. In the future, MAM wants to achieve the annual production target of 5,000 TPA by 2030. It is a calculated measure that will improve the long-term benefits and cost proposition of the project. NFTDC will support MAM’s efforts in rare earths and other important materials as a knowledge and technological partner.
TDB secretary Rajesh Kumar Pathak highlighted the importance of the project.
TDB secretary Rajesh Kumar Pathak highlighted the importance of the project. The move underlines India’s progress towards producing high performance magnets at the domestic level, addressing national needs and contributing to the global shift towards sustainable technology in goods critical to e-mobility and clean energy.
