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