This study explores the innovative recycling of neodymium (Nd) permanent magnet scrap to synthesize Fe3O4, a high‐capacity anode material for secondary batteries, by leveraging the Fe oxalate solution produced during recycling. The traditional process of recovering Fe from permanent magnets in the form of oxides produces products with limited economic viability and usability. For the first time, we have successfully synthesized Fe3O4 as an anode material for lithium‐ion (Li‐ion) secondary batteries from scrap Nd magnets. We address the existing challenge by employing a novel approach: hydrothermal synthesis of crystalline FeC2O4·2H2O from the Fe leachate, extracted via oxalic acid leaching from a mixed phase of NdF3‐Fe2O3 controlled during fluorination heat treatment while recycling. The recovered FeC2O4·2H2O is subsequently phase‐transferred to Fe3O4 under an Ar atmosphere. To overcome the inherent low conductivity and rate capability of Fe3O4, a carbon‐coating process utilizing dopamine HCl is implemented. The developed C‐Fe3O4 anode material exhibits a significant capacity retention of 428 mAh/g after 500 cycles at 1C, showcasing its potential for use in high‐performance secondary batteries and contributing to the sustainable recycling of critical materials.
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