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News
Neodymium magnets are some of the most powerful magnets in the world due to their properties as rare earth magnets. As rare earth magnets, they are derived from rare earth elements that, despite their name, are actually quite abundant as a natural resource. The designation of “rare earth” is a reference to the fact that...
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The price of Neodymium reached a 9-year high in March 2021, rising by 42% since the beginning of the year (Trading Economics). As of the beginning of this month, the price is moving up to March’s high and experts estimate it could go even higher! The projected price trend in the short and long term...
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