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This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. ... Neodymium: 7.007: 41.5 ...
Neodymium is a chemical element; ... Historically, the Chinese government imposed strategic material controls on the element, causing large fluctuations in prices. [45]
The rare earth industry in China is a large industry. Rare earths are a group of elements on the periodic table with similar properties. Rare earth metals are used to manufacture technologies including electric vehicles (EVs), wind turbines, consumer electronics and other clean energy technologies. Rare earth elements are also important to national governments because they are used in the ...
A neodymium magnet (also known as NdFeB, NIB or Neo magnet) is a permanent magnet made from an alloy of neodymium, iron, and boron to form the Nd 2 Fe 14 B tetragonal crystalline structure. [1] They are the most widely used type of rare-earth magnet .
Ferrofluid on glass, with a rare-earth magnet underneath. A rare-earth magnet is a strong permanent magnet made from alloys of rare-earth elements.Developed in the 1970s and 1980s, rare-earth magnets are the strongest type of permanent magnets made, producing significantly stronger magnetic fields than other types such as ferrite or alnico magnets.
Neodymium, a fairly rare metal which is used in high grade magnets, [110] [111] [112] saw its prices rise due to increased demand, as were typical of this general market trend. The average price was $16.10 per kg in November and December 2009, [ 113 ] but it began trading in June 2010 at $20–$45 per kg.