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Praseodymium is a light rare earth elements that is used to produce high-strength permanent magnets and commonly referred to as neodymium iron boron (NdFeB) magnets.

Neodymium iron boron (NdFeB) is the strongest permanent magnet commercially available (energy product/m3). This energy product density is crucial for weight-sensitive applications such as electric motors. NdFeB alloys also contain minor concentrations of Pr, Dy, Tb to optimise physical properties for specific applications.

Terbium is added to Neodymium and Praseodymium to produce REPMs that retain their magnetic properties at elevated temperature.

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Rare earth elements have many other high tech applications, including in defence, medicine, aerospace, agriculture, catalysis and chemical industries. In Japan they are often referred to as the seeds of high technology.

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Essential to the production of clean energy technology, the already substantial market for rare earth elements is growing rapidly. AR3 aims to separate and market the valuable clay-hosted rare earth elements discovered in South Australia and western Victoria to help secure a diverse and sustainable global supply of materials critical to our future.

Almost all Dysprosium oxides are produced out of China, while only Malaysia and Estonia offer alternatives to the dominant Chinese Neodymium oxide production.

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Rare earth elements (REE) are an element group on the periodic table that most people have never heard of, despite their use in many common products used on a daily basis. Constituting 30% of the market by volume and >90% by value, rare earth permanent magnets (REPMs) are so powerful they are the heart of modern efficient motors that drive electric vehicles, wind turbines and appliances, reducing power consumption and thereby reducing GHG emissions.

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Bandpass Filters are used to selectively transmit a portion of the spectrum while rejecting all other wavelengths. Bandpass Filters are ideal for a variety of applications, such as fluorescence microscopy, spectroscopy, clinical chemistry, or imaging. These filters are typically used in the life science, industrial, or R&D industries.

Dysprosium is added to Neodymium and Praseodymium to produce REPMs that retain their magnetic properties at elevated temperature.

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Neodymium is a light rare earth elements that is used to produce high-strength permanent magnets and commonly referred to as neodymium iron boron (NdFeB) magnets.

Large markets for REPMs include electric vehicles, wind turbine drives and household appliances. Demand for Neodymium Iron Boron (NdFeB) permanent magnets, used in electric vehicles and wind turbines, will support prices for Praseodymium (Pr), Neodymium (Nd), Terbium (Tb), and Dysprosium (Dy) in which Koppamurra is well endowed.

U.S.rare earthsupply chain

Rare earthelements

The importance of permanent magnets to the rare earths market is best highlighted by the dominance of end use value shown in this table.

The unique strength, light weight and reliability of these magnets are the key to their application in hybrids, electric vehicles and wind turbines.

While all REE markets are dominated by China, Neodymium and Praseodymium are mined from alternative global sources such as Australia and the USA. Terbium and Dysprosium are sourced almost entirely from ionic clays in China and Myanmar. The Chinese dominance is even greater when considering refined production volumes for Neodymium and Dysprosium.

Not only does demand for these four elements collectively make up the majority of global demand today; future demand is expected to grow faster than demand for all other rare earth elements, challenging the ability of the supply-side to keep up. Accordingly, currently our main focus is the production of these rare earths in a form that is readily marketable those end users seeking new independent long-term supplies that can be integrated into complex supply chains.

The unique strength, light weight and reliability of these magnets are the key to their application in hybrids, electric vehicles and wind turbines.

raremetals影响因子

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One by-product of the historic domination of the REPM market has been the lack of knowledge sharing surrounding the supply chain from mine to magnet. A simple representation of the process is shown below. Because of the dominance of China over this supply chain, process information after the production of REE Concentrates is not widely understood outside China.

The name “rare earths” is slightly misleading, as many REEs are in fact relatively abundant in the Earth’s crust. What is unusual is to find deposits in significant concentrations to economically extract and process.

This is evident when focusing on the rare earths that are most relevant to AR3, primarily Neodymium (Nd), Praseodymium (Pm), Terbium (Tb) and Dysprosium (Dy).

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