NEWS RELEASE
REEcycle™ Announces LOI for the Recycling of End-of-Life Wind Turbine Generators
December 2, 2025
HOUSTON, TEXAS - REEcycle Holdings, Inc. (“REEcycle”) is pleased to announce a feedstock LOI with a large global power company with more than 10GW of installed wind assets. REEcycle will recycle the generators and extract the permanent magnets as they reach end-of-life while providing its partner increased circularity and ensuring a better recovery of important raw materials. REEcycle expects to finalize a formal agreement in the coming months.
Commenting on the LOI, REEcycle’s CEO Rasmus Gerdeman stated “This relationship is showing how industries can partner across the supply chain to improve circularity and quickly increase supply of much needed rare earth materials in the western world”.
REEcycle expects to collect the first generator from this party during December 2025.
“This relationship is showing how industries can partner across the supply chain to improve circularity and quickly increase supply of much needed rare earth materials in the western world.”
RASMUS GERDEMAN, CEO
MEDIA CONTACT
Rasmus Gerdeman
[email protected]
ABOUT REECYCLE HOLDINGS INC.
REEcycle is a Texas-based rare earth recycling company specializing in the recovery of rare earth elements (REEs) from end-of-life neodymium magnets contained in electric motors, MRI’s and industrial products. Founded in 2012, the company has exclusive rights to a patented, eco-friendly process with a 99.8% recovery rate, extracting critical materials from e-waste, industrial, MRI’s and other sources. By turning waste into a domestic rare earth elements supply, REEcycle helps reduce U.S. reliance on foreign sources. Its low-temperature, low-waste process supports green technologies and advances a circular economy. Learn more at www.reecycleinc.com