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Valuable material for the production of permanent magnets.

Neodymium oxide belongs to the group of rare earth metals. Technically it is mainly used in permanent magnets for wind turbines, electric vehicles and many other applications. It is characterized by a high regional concentration of natural resources, which stands in stark contrast to the enormous future demand and ever-growing economic importance.

Neodymium oxide was from Carl Auer von Welsbach discovered.

  • Special properties:Ferromagnetic material, strong absorption bands, luminescent

  • Application areas:Automotive catalysts, petroleum refinery catalysts, metallurgical additives and alloys, glass polishing and ceramics, phosphors, permanent magnets, lasers and medical applications, others

  • Future Technologies:Electric vehicles, wind turbines, robotics, aerospace, medical devices

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