Lithium, cobalt prices key to neodymium demand – Industrial Minerals

Lithium, cobalt prices key to neodymium demand
Industrial Minerals
And the trend is also driving demand for neodymium, a rare earth used to make magnets for use in electric vehicle (EV) motors. Consultancy Roskill, which estimated global neodymium demand at 31,700 tonnes in 2017, forecasts it to rise to 34,200 tonnes
Global Neodymium Rare Earth Magnets Market Share Analysis 2018- Shin-Etsu Chemical, NSSMC, Ugimag, TDK and …Stock Analysis

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Source: Neodymium News

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