Ceritech located in Leipzig is a strong German partner in the area of rare earths production. The company aims to become a low cost producer of REE through the application of innovative extraction methods.
Thus Ceritech AG explores unconventional opportunities to produce Rare Earth Elements from secondary deposits.
Its interesting business model is based on the avoidance of mining costs through the reprocessing of existing REE-containing waste. Through innovative extraction methods Ceritech AG pursues the plan to produce a high quality Rare Earth oxide mix, which then can be sold downstream to the refining industry.
This significantly de-risks Ceritech’s business model whilst maintaining acceptable margins and making an effective contribution to the sustainability of rare earth production.