world leader in the manufacture & supply of complex alloy systems & metals.
With many years’ experience in the production of materials to tight compositional tolerances and controlled microstructures, LCM offers an innovative and highly flexible approach to a wide range of material requirements.
Expansion of metal making to include DyFe, Dy and Tb
Expansion of our metal making capabilities to include DyFe and Tb. These metals are essential for improving the performance of neodymium magnets, which are widely used in various industries such as renewable energy, automotive, and aerospace.
Further UK Government funding was received to investigate the feasibility of
establishing a UK production facility for rare earth magnets.
Hydrogen Decrepitation Furnace added
A new hydrogen decrepitation furnace was installed and commissioned for
commercial production of NdFeB powders from LCM’s existing strip cast alloy facilities. In
the same year, LCM received funding from UK Government to investigate stable and secure
supply chains for rare earth permanent magnets.
Alloy Product Expansion
Electrolytic metal production expanded to include neodymium praseodymium alloy
EU Horizon 2020 Project
LCM joined three industrial partners to kick off a new €17m EU Horizon 2020 project,
named SecREEts. The aim of this project was to establish an all-European supply chain for
rare earth magnets.
LCM was acquired by Indian Ocean Rare Metals and begun to successfully establish a
complete commercial production of neodymium metal by electrolysis to western-world
standards of environmental, health and safety stewardship
Second Smelter Installed
Second Strip Cast Melter was installed one year later and in the same year trial
quantities of neodymium metal were made by electrolysis
Relocation to Hooton Park, Ellesmere Port and installation of first 600kg strip cast
Relocation to Valley Road in Birkenhead and received the Queen’s Award for
Enterprise: International Trade (Export)