What are Rare Earths?
Rare earth elements are chemical elements including yttrium and the 15 lanthanide elements (lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium).
Since all of the rare earth elements are metals and have many characteristics, they are frequently found in comparable geological environments. Since many of them are usually sold as oxide compounds, they are also known as “rare earth oxides.”
Neodymium and praseodymium (NdPr) predominate among the light rare earth metals found in the Tardiff Mineral Resource. Because of their use in high-tech applications, these show an increasing demand.
A 3MV wind turbine uses 600+kg of NdPR Oxides. Projected to grow at a rate of over 7%
Every barrel of crude fracked uses 3.8g of REO cracking catalysts.
By 2030, the number of EVs is predicted to increase from 3 million to 125 million. Every electric vehicle will consume 0.5–1.5 kg more NdPr than the internal combustion engine it replaces.
Heavily utilized in communication networks, computing, jet turbines, submarines, and sophisticated weaponry (such as satellites and lasers).
