EVs drive explosive REE magnet demand
Adamas forecasts 500% growth for magnet rare earths by 2030 Metal Tech News – August 19, 2020
Last updated 7/10/2022 at 2:45pm
Rare earths and battery metals market expert Adamas Intelligence forecasts that demand for the magnet rare earths – neodymium, praseodymium, and dysprosium – will falter slightly this year due to COVID-19 before rising sharply over the balance of the decade.
Electric vehicles, wind power generators, consumer appliances, cordless power tools, speakers and dozens of other modern devices benef...