Tag Archives: neodymium magnets

From Dependence On Foreign Oil to Chinese Neodymium?

There is a good article out in The Atlantic today discussing the concern of neodymium shortages, most of which is produced by China.  Neodymium is a key component used in hybrid and electric cars as well as wind turbines to manufacture powerful, light weight magnets for high torque, efficient performance.  It should be noted that neodymium is also used in data storage devices and just about every computer, so the supply crunch is very … Read the rest