Alkane Resources hopes magnet boom will attract demand
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Published: Friday, 18 August 2017
The fast-expanding electric vehicle market has lifted hopes for rare earth demand.
Electric car demand is helping to spur
fresh interest in rare earths, as government targets suggest a
rapid increase in demand for neodymium and praseodymium.
Rare earth permanent magnets (REPMs) are
used in the high-performance electric motors, favoured in
electric vehicles.
"Debate has raged for years over the relative merits...