Roskill forecasts demand for neodymium for magnets to result in supply deficit; substitutions by 2021
Green Car Congress
NOVEMBER 8, 2016
However, Roskill also projects that, driven by rapidly increasing demand for neodymium-iron-boron (NdFeB) magnets (used in traction motors among other applications), neodymium will fall into deficit in 2016, although demand will initially be met by the drawdown of stocks. Global NEV production could rise by 3.5-4.0
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