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What is Neodymium?

Known for being one of the magnet rare earths and a key material in the strongest rare earth magnets currently available, neodymium is certainly an element that rare earths investors will want to be familiar with.

Prices Are Up for Magnet Rare Earths

Critical metals investors will no doubt have noticed reports that rare earths export prices from China fell last year relative to 2013. However, in conversation with Resource Investing News, Jon Hykawy, president and director of Stormcrow Capital, noted that prices for materials used in rare earth magnets have actually risen, shedding a little more positivity on the sector.

Recent Discoveries in the Rare Earths Sector

Lately there have been several new discoveries of rare earths mineralization, and at least one company has expanded mineralization at its project. The news is encouraging in that while rare earths are not actually very rare in terms of distribution in the Earth’s crust, it’s difficult to find deposits that are economically mineable.