REEs are a group of 17 chemically similar metals which got their name because they typically occur at low concentrations (between 0.5 and 67 parts per million) within the Earth’s crust. Indispensable in modern technology – featuri…
The announcement by global electric vehicle (EV) giant Tesla that it is creating a permanent magnet electric vehicle motor with zero rare earth elements led to a rout of relevant company shares in China, a major global supplier of…
According to Noveon Magnetics Inc., rare earth magnets are at the heart of electrification, and the Texas-based company’s EcoFlux magnets are poised to change the way the world is electrified. The company says magnets are needed f…
Japanese trading firm Sumitomo will serve as the exclusive distributor of neodymium-praseodymium (NdPr) oxide to Japanese customers for US-based producer MP Materials, under a new agreement. The companies will also collaborate on …
The prices of rare earths pulled back significantly last week. The inquiries for both rare earth oxide and metal were muted, and some buyers sourced low-priced cargoes. However, the metal factories held the prices rather firm in l…
MOUNTAIN PASS, California — From the smartphone in your pocket to magnets powering a growing number of electric vehicles on the road, rare earth elements are the foundational components for some of the most commonly used technolog…