Neodymium
Super magnets for headphones and wind turbines thanks to neodymium
Characteristics of Neodymium
Neodymium, which is blue-violet as an oxide, is more corrosion resistant compared to other rare earth metals. Its pink oxide layer is quite brittle. Unusual: It is highly flammable and irritant. Its outstanding feature also defines its main purpose: It is highly magnetic.
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Applications for Neodymium
Neodymium is mainly used for the production of extremely powerful neodymium iron boron magnets. These can permanently carry 1,300 times their weight. They are used wherever you need strong magnets at a small volume: In wind turbines or highly effective electric motors, in microphones or speakers in smartphones. In other words: All across the high-tech industry.
The magnets produced with neodymium, for example, effect significantly higher performance in the generators of wind turbines than conventional magnets. Since the weight of the aggregates plays a major role in wind turbines, the demand for neodymium is also by far the highest in this industrial sector.
Numerous applications across the high-tech industry, such as the elevators at the One World Trade Center, are creating a growing demand for neodymium worldwide.
Numerous applications across the high-tech industry, such as the elevators at the One World Trade Center, are creating a growing demand for neodymium worldwide.
Physical Asset Neodymium
Worth Knowing
The importance of neodymium for many future technologies is high and rising. For example, the elevator technology of the One World Trade Center in New York is based on neodymium magnets. Experts believe that the global demand for neodymium will continue to grow continuously.
You can find out more about Neodym on our information page SelteneErden.de.
Neodymium Oxide from TRADIUM
TRADIUM sells neodymium as a tangible value in oxide form. This has two decisive advantages: Oxides can be stored almost without limits. In addition, every industrial usage of rare earths depends on oxides. The oxide state thus makes it easier to liquidate the asset.
Price History
