In REEgain we will focus on recycling REE-based magnets and we seek to reestablish an REE industry. Thus, the aim of the innovation consortium is to establish a group of private companies, knowledge institutions and universities for the development of high performance permanent magnets with a reduced dependency on critical materials.

As a part of the consortium, a research and knowledge-based environment will be established at an international level in the area of permanent magnet properties, usage and production. The activities will support new production and commercialisation activities in the field.