ISU Startup Factory cohort awarded DOE grant for rare-earth metal recycling research

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A member of the Iowa State University Startup Factory’s eight-team cohort, TdVib LLC, has received a U.S. Department of Energy grant of $200,000 to conduct research and development on innovative recycling methods for rare-earth metals used in electronics. According to a news release, the Phase 1 Small Business Technology Transfer grant comes from the DOE’s Office of Energy Efficiency and Renewable Energy. It will help researchers focus on demonstrating commercially viable and environmentally friendly ways to reclaim rare-earth elements and cobalt from magnets in different electronic wastes.The research will be headed by TdVib co-founders Dan Bina, the company’s CEO and president, and Scott Roberts, vice president of operations. It will be done in conjunction with the DOE-operated Ames Laboratory on the ISU campus.