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Category Archives: Rare Earth news
Raw Neodymium Prices – latest news
We all know that the prices of neodymium magnets have increased and quickly, however, we felt it prudent to explain the current pricing situation so that our customers can be forewarned and forearmed for what is to come. We track the price of raw neodymium and have done for a number of years and the current price per kg is … Continue reading
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Neodymium prices
It’s been a little while since we mentioned the price of neodymium. The latest news is that neodymium prices have once again gone up having expereinced nearly 2 months, over the summer, of low prices. The link here shows the latest movement on the prices.
We are impressed!
17 year old Archie Whitehead from Hertfordshire, UK, has built himself an Ironman suit complete with moving parts as part of a school project. We don’t know where, but some of our 6x2mm neodymium disk magnets are in it somewhere! Archie has become an internet success after posting videos of the work in progress on YouTube. He has also been … Continue reading
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Greenland – Rare-Earth Resources
Greenland is a autonomous Danish territory but, despite Denmark being part of the EU, Greenland is not. The melting of the polar ice cap has revealed large resources of rare-earth materials, and Greenland has been under pressure to give the EU preferential treatment in the removal and uses of these resources. Greenland are not, however, bowing to pressure. The full … Continue reading
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New Rare Earth plant
A Malaysian court has given Australian company Lynas authorisation to start production at a controversial rare earths processing plant. The full story is on the BBC website here.
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Rare Earth Magnet Shark Repellent!
This has to be just about the most interesting use for rare earth magnets that we’ve ever heard of! http://www.bbc.co.uk/news/magazine-17792624
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Latest news on Neodymium prices
The prices of raw neodymium have already fallen since their record high in June and July 2011 and the trend looks set to continue throughout 2012. There will, therefore, be some easing on the prices of magnets, although increases in fuel costs are also having a knock on effect.
Posted in Rare Earth news
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