PM8 Peer comparison - Other REE projects analysis, page-36

NdPr is my pick as the next commodity runner which could have a similar bull market effect like lithium had on associated stocks in recent years:

Rare earth neodymium (Nd) and praseodymium (Pr) forecast to be in deficit from 2019/20

"Rare earths are a collection of seventeen chemical elements, and despite what the name says they are relatively plentiful in the earth’s crust. Because of their unique magnetic, luminescent, and electro chemical properties, these elements when alloyed with other materials help make many technologies perform with reduced weight, reduced emissions and energy consumption; or give them greater efficiency, performance, speed, durability and thermal stability. Two key rare earths used to make the most powerful magnets used in EVs are neodymium (Nd) and praseodymium (Pr)."




China starting to import

"By as early as 2021, China could be set to transition from a major NdPr producer to a net importer as it rapidly ramps up its magnet production capability and continues to stamp out polluting and unsustainable operations."

"About 85 percent of the world’s neodymium comes out of a few mines in China. One mine called Baotou in northern China has created a toxic lake and other environmental horrors."


How China raised the stakes for electric vehicles




And from PM8 recent presentation regarding NdPr pricing:



DYOR