The First Global Rare Earth Industry Association Was Established A few days ago, the Global Rare Earth Industry Association (REIA) was established at the headquarters of the EIT Raw Materials Organization in Brussels, Belgium. The Global Rare Earth Industry Association (REIA) is an international rare earth association headquartered in Brussels, providing an interoperability platform for [...]
Rare Earth Elements: Where in the World Are They? This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week. Rare earth elements are a group of metals that are critical ingredients for a greener economy, and the location of [...]
Turkey Discovers 694 million mt of Rare Earth Element Reserves, Starting This Year SHANGHAI, Jul 5 (SMM) - The Turkish Ministry of Energy and Natural Resources recently announced on its official website that the government has discovered 694 million mt of rare earth elements in the Beylikova region of Eskişehir, Turkey. Energy and Natural Resources [...]
The Influence Of Russia And Ukraine War On Commodity Price Of Magnet Raw Materials There is no doubt that the war between Russia and Ukraine has rattled global financial markets, with European stock markets tumbling, Russian stocks and bonds falling across the board and Brent crude oil breaking the 100-dollar mark. And Russia, Ukraine and [...]
Global Rare Earth Magnet Market Outlook 2021-2026: Industry Trends, Size, Share, Growth And Forecast “Rare Earth Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global rare earth magnet market reached a value of US$ 14.4 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR [...]
Rare Earth Magnets: An Explainer Rare earth magnets, known for their high performance, are magnets made from alloys of rare earth elements. Developed initially in the 1970s and 80s, they quickly became a vital component in technology and industrial applications due to their relative affordability and unparalleled strength. However, the name “rare earth” is somewhat [...]
Global Rare Earth Competition As an important non-renewable strategic resource, rare earths have always been known as "industrial gold" and "industrial vitamins", and are widely used in many industries. In view of its importance, many countries around the world hope to achieve "rare earth independence", and the United Kingdom is one of them.Chinanews.com quoted British [...]
Eco-Friendly Necharacho Rare Earth Mine The new technology means that N.W.T.'s Nacha Lacho Rare Earth Mine has no tailings. The resource department of the Northwest Territories has a new child in the city. The Necharacho Rare Earth Mine is located about 100 kilometers east of Yellowknife on Lake Tor and will be put into production [...]
New Type EV Motor, Use No Magnet MAHLE's new, inexpensive and efficient EV motor does not use magnets. Magnets usually made of rare earth metals such as neodymium are found in the heart of most electric vehicles. Having a permanent strong rare earth magnetic field in the rotor is a good choice, because using a [...]
Longonjo Neodymium-Praseodymium Project of Angola Producer of :Neodymium and praseodymium Project Type :Open-pit Location :Angola Longonjo neodymium-praseodymium project is an open-pit mine producing neodymium and praseodymium located in the African nation of Angola. Pensana Metals fully owns the project and is developing it at a capital cost of £168.4m ($131m). Pre-feasibility study (PFS) of the [...]
The Longonjo NdFeB Project The development of mineral reserves in Longonjo, Huambo Province, may begin in early 2022. The province has 23 billion tons of raw ore and is called "rare land." The project is a partnership between the Angolan company Ferrangol-EP and Pensana, Australia. The project will create 450 direct jobs, 50% of which [...]
Frequently Asked Neodymium Magnets Questions What is Rare Earth? Rare earth is an ore primarily mined in China. Rare earth is the source of 17 elements listed on the periodic table as Lanthanides. Two of those elements Neodymium and Samarium are the magnets namesakes that are derived from the rare earth ore. Both Neodymium (Nd) [...]
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