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L-Acoustics advances audio industry sustainability with MagREEsource partnership and investment

L-Acoustics has announced its strategic investment in French-based MagREEsource. It has also established exclusive partner rights in the professional audio industry for sustainable and sovereign, European-based rare earth magnets critical to loudspeaker manufacturing.

This partnership introduces a circular economy model for the professional audio industry through innovative magnet recycling and manufacturing technology. By investing in MagREEsource, L-Acoustics is supporting a start-up partner that will allow the loudspeaker manufacturer to significantly reduce its environmental footprint while diversifying its supply sources for neodymium magnets.

For L-Acoustics, this collaboration represents a transformative approach to sustainable manufacturing in the audio industry. The proprietary recycling technology of MagREEsource enables 100% recovery of neodymium magnets from various sources, including loudspeakers, electric vehicle engines, and wind turbines generators, transforming them into high-performance magnets made with 100% recycled material. This circular process drastically reduces the environmental impact compared to traditional magnet production methods.

“This partnership with L-Acoustics represents a pivotal moment for MagREEsource”, says Erick Petit, President and Co-founder of MagREEsource. “Their strategic investment provides crucial resources that will accelerate our growth and technology development. This collaboration with a global industry leader validates our approach and opens potential opportunities for innovation in the professional audio sector.”

The environmental benefits of this partnership are substantial. A recycled magnet from MagREEsource produces 91% less carbon dioxide than traditionally manufactured magnets from newly extracted materials - just 6 kg of CO2 compared to 67.6 kg for conventional manufactured magnets. Additionally, the recycling process uses 86% less water, saving approximately 1,187 liters per kilogram of magnet produced.

The new partnership opens possibilities for future recycling initiatives within L-Acoustics’ ecosystem. Potential opportunities include exploring end-of-life magnet collection hubs and integration of new designs using recycled magnetic materials in future product development.

The current pilot facility of MagREEsource in Noyarey, France, can process 80 tons of magnets annually, with plans to expand to a full-scale MagFactory by 2028 capable of producing 1,000 tons per year. This innovative approach has garnered significant support from European institutions and their future MagFactory project was awarded last month “European Strategic Project under Critical Raw Materials Act”.

(Photos: Franck Ardito)

www.l-acoustics.com

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