| Abstract: | Recycling of neodymium and dysprosium is of great interest because of the rapid growth in their demand and limited supply of new resources. To promote recovery from end‐of‐life (EoL) products, it is desirable to quantify the recycling potentials of neodymium and dysprosium by their end use. This study characterized the substance flows of neodymium and dysprosium associated with neodymium magnets in Japan by conducting a dynamic substance flow analysis. A bottom‐up approach was employed in the analysis to estimate annual consumption by end use. Factors used in the analysis were the amounts of rare earth contents, weight of a magnet used for each product, adoption ratios of neodymium magnet usage in each product, and lifetime of products. It was found that the amount of neodymium entering use was approximately half of the domestic consumption; the balance existing in final products that were exported from Japan. The economic feasibility of recycling neodymium magnets was evaluated for their largest two end uses: driving motors in hybrid electric vehicles (HEVs) and compressors in air conditioners. It was found that recycling the neodymium magnets used in the driving motors has the potential for economic feasibility in Japan. The result showed that lower transportation costs for recovered magnets can make the recycling economically feasible regardless of the content rate and the price of metals. The future increase of EoL HEVs contributes to the feasibility of recycling with a profit in the upcoming years. Strategies for more profitable recycling are concentrating scrap motors or magnets among recycling factories or selecting specific factories that deal with EoL HEVs. |
