The Algamol photobioreactor at night. Studio rendering.
IndustrialINDEPENDENCE
Of EU consumption of strategic raw materials met by recycling: the 2030 benchmark in the Critical Raw Materials Act. Regulation (EU) 2024/1252, per Jones Day, May 2026.
Every magnet carries rare earths.
Making magnets leaves a waste liquor that still carries them.
Industrial independence runs on rare earths.
Europe is moving to keep its magnet scrap at home.
The next mine is the waste.
Microalgae can be the bridge between the need and the biology.
The supply risk is on recordIEA, 8 Apr 2026; Regulation (EU) 2024/1252
We grow the biologyAlgamol
The science is establishedPublished literature
We connected the two because we hold the cultivation. Our own data on real liquor is the next step.
Magnet production creates waste liquor that carries rare earths.
Algal biomass captures them.
We grow the biomass in our own photobioreactor.
Illustration, not data.
The reactor that grows the biomass
Culture grows in the glass panels on top and the tanks below hold the volume. Pumps and pipework move it, and one steel frame carries all of it.
It first ran at a fish farm, in a commercial industrial setting. We are now moving it to our own site in Larnaca.
Glass culture panelsThe culture grows here.
Culture tanksThey hold the volume.
Pumps and pipeworkThey move the culture.
Steel frameIt carries the unit.
Our photobioreactor, turned through a full circle. Studio rendering.
Look closer.
The biomass that captures rare earths.
Algal biomass captures the rare earths in magnet waste liquor. We grow it.
Studio rendering.
Capture, polish, regenerate
CaptureNon-living algal biomass captures the rare earths in magnet waste liquor.
PolishA living culture polishes the liquid that is left.
RegenerateThe living culture grows fresh biomass for the next round of capture.
Process as designed. Recovery is shown in peer-reviewed research. Our own data on real liquor is the next step.
Studio rendering.
BIORECOV, initiated by Algamol
A Horizon Europe project, coordinated by Stazione Zoologica Anton Dohrn, Naples. Submitted, under evaluation. If it is funded:
€5M
Horizon Europe funding
BIORECOV proposal, under evaluation
48
Months of work
BIORECOV proposal, under evaluation
about 1 m³
Of leachate treated in the demonstration, ending in precipitation to a shippable solid
BIORECOV proposal, under evaluation
The team
Yair CohenCEO and Founder
Christos SpanosCFO, CFA charterholder
Amikam Bar-GilCTO
Rare earths, mined from magnet waste by microalgae.