Magnets drive rare earth hikes

Published: Wednesday, 25 November 2009

Prices of key rare earths rise with increased magnet, hard drive and LCD sales

The price of key rare earths used in magnets, namely neodymium oxide and praesodymium oxide has risen over the past month, driven by a seasonal uptick in sales of computer hard drives.


Latest prices for neodymium oxide (99%, bulk, FOB China), a necessary component in new magnet technology used...

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