Lynas sees production restrictions, EV demand driving rare earth prices
Published: Tuesday, 18 July 2017
Demand for permanent magnets helped support NdPr prices in Q2, the Australian miner says
Electric vehicles and windfarms are
driving rare earths demand, while Chinese environmental
restrictions leave opportunities for non-Chinese producers,
Australian miner Lynas said.
Lynas reported rising prices for neodymium and praseodymium
(NdPr) which are used together in rare earth magnets over the
three months to June 2017, in results released on July...