The rare earth elements are very important. They are used in permanent magnets. These magnets are in every electric car. They make the cars go further and use less energy. But it is hard to get these elements because most of them come from China. One company is trying to change this. They want to recycle old magnets and make new ones. This will help the environment because it uses hydrogen.
The company is having some problems. They need to find old magnets to recycle. They are looking at old computers and hard drives. They take these apart to get the magnets out. Then they use a special machine to get the rare earth elements. The company is also learning about magnetic technology because it is not taught in schools anymore.
The company is working hard to make this work. They have money from other companies to help them. They are hoping to start making new magnets soon. This will help Europe and other countries to not rely on China for these elements. It will also help the environment because it will use less energy and make less waste.