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CRU: Why Rare Earths are Vital for a Low Carbon Economy

are Earth metals have long been a niche, but strategically important part of the mining industry. Although there are seventeen rare earth elements with a wide variety of uses, two in particular (Neodymium and Praseodymium, or NdPr for short), are becoming increasingly important due to their link to the growth of a low carbon economy. CRU’s recent work in rare earths has explored fundamental demand modelling, sources of new supply and cost competitiveness of new entrants.

Propulsion metals rather than battery metals?

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