Narva magnet plant
Europe's attempt to make the magnets itself instead of importing them from Asia.
- Material
- Rare earths
- Stage
- Magnet factory
- Place
- Ida-Viru County, Estonia
- Operator
- Neo Performance Materials
- Coordinates
- 59.38° N, 28.20° E (approximate)
Seen from orbit
- Heat
- 0 of the last 7 days and 0 of the last 30 had furnace-hot pixels within 6 km (NASA FIRMS).
Signals show activity, not output. They are measured automatically and can be affected by weather, terrain and fires.
Facts
- Described as Europe's biggest rare-earth magnet plant, built in about 500 days
- First phase: 2,000 t of magnets a year, planned to grow beyond 5,000 t
- EU co-funding of $16.9 million