LG Electronics launches pilot to recover rare-earth magnets from scrapped appliance compressors

• LG Corp. launched a pilot to recover rare-earth permanent magnets from scrapped appliance compressors, targeting 1.6 tons annually.
• The program, signed on Aug. 27 with a government ministry and E-Circular Governance, covers about 40,000 discarded appliances a year.
• It uses magnetic-field demagnetization instead of high-heat processing, aiming to cut energy use while preserving magnet properties for reuse.
• Vision AI will identify magnet locations in compressors to raise recovery efficiency, expanding recycling beyond steel, copper, and aluminum.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LG Corp. published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.