Rare earth elements (REEs) are set to become the epicenter of a high-stakes global market.
This is a market where 1000%-2000% gains come and go faster than the hottest crypto token of the day.
These elements are not just materials; they’re the backbone of world-class magnets, far beyond the simple fridge adornments.
From sleek smartphones to robust wind turbines, REEs are the secret sauce in cutting-edge tech.
They’re not just components; they’re catalysts of innovation, making modern gadgets faster, smaller, and more efficient.
These magnets are the lifeblood of contemporary technology.
In wind turbines and electric vehicles, the role of REEs is pivotal.
Their magnetic properties are transforming wind energy with direct-drive turbines and driving electric vehicles with unparalleled torque and precision.
Each electric vehicle requires about 1 kilogram of neodymium-praseodymium oxide,
While a single wind turbine needs over 200 kilograms.
In a market that China has had a stranglehold on for decades, breaking into the market is no easy task.
Understanding REE Supply: The Chinese Dominance