Achelous Pure Metal founder and technical director Alan Wong Yuk-chun at a joint venture metals recycling plant in Inner Mongolia autonomous region. Photo: Handout
Achelous Pure Metal founder and technical director Alan Wong Yuk-chun at a joint venture metals recycling plant in Inner Mongolia autonomous region. Photo: Handout

Catching new-energy vehicle boom, Hong Kong start-up plans to recover valuable metals from rare-earth processing waste

  • Achelous is seeking investors for a research and refining facility in Hong Kong and the Greater Bay Area to recover wastes from rare-earth processing plants
  • Tighter environmental curbs and high energy costs make refining and waste recovery efforts profitable, co-founder says

Achelous Pure Metal founder and technical director Alan Wong Yuk-chun at a joint venture metals recycling plant in Inner Mongolia autonomous region. Photo: Handout
Achelous Pure Metal founder and technical director Alan Wong Yuk-chun at a joint venture metals recycling plant in Inner Mongolia autonomous region. Photo: Handout
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