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EV magnet rare earth price set to sail

Metal Tech News - November 2, 2022

Adamas forecasts NdPr prices to hit $150/kg to ensure supply keeps pace with auto demand

Despite a widely held belief that soaring neodymium-praseodymium prices would press automakers to look at alternatives to these rare earths for magnets going into electric vehicles, Adamas Intelligence forecasts that NdPr oxide prices will double by the end of the decade.

NdPr is a combination of the rare eart...

 

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