Honda Motor Co said Tuesday it has agreed with TDK Corp and Japan Metals & Chemicals Co (JMC) to jointly pursue the reuse of a rare earth metal extracted from nickel-metal hydride batteries in hybrid vehicles for magnets of new hybrid vehicle motors.
In early March of this year, Honda began supplying a battery manufacturer with rare earth metals extracted from used nickel-metal hydride batteries at a JMC plant for reuse in new nickel-metal hydride batteries of hybrid vehicles. Now, Honda will expand the reuse of extracted rare earth metals to motors for hybrid vehicles to achieve the further recycling of this limited and precious resources.
The three companies will begin detailed discussion toward the reuse in motors and begin the process as soon as a sufficient volume of used nickel-metal hydride batteries is secured.
© Japan Today
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Get Real
What does this say about the shelf life of the batteries?
CanuckNikkei
Honda and its partnerships are very smart to do this because China holds the world hostage in the rare earth market.