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Peak Resources main minerals neodymium (Nd) and praseodymium (Pr) are the core ingredients for manufacturing permanent magnets (NdFeB magnets), which are used in high-efficiency electric-motors and generators enabling low carbon technologies, like wind energy, E-mobility and many others. The demand for NdPr is expected to grow rapidly as one of the core enablers for the upcoming new technology chapter.
Peak Resources production basket is in line with the highest value and growth market. NdPr accounts for 80% of Peak Resources’ revenue and represents the main focus of the marketing sales and business development strategy. With its unique Ngualla deposit in Tanzania, Peak Resources is perfectly positioned to become a sustainable and long term supplier to meet increased global demand.
NdPr drives almost
More than 90% of electric vehicles are using a Neodymium permanent magnet engine, each of which requires approx. 1kg pure NdPr oxide. Pioneered by visionaries like Elon Musk of Telsa Inc, E-mobilit...View More Articles
"LG Chem Investing $387 Million Into Europe’s Largest EV Battery Factory (In Poland)"
LG Chem will be investing 436 billion won ($387 million) into LG Chem Wroclaw Energy sp. z o.o — t...
"Audi Says It Will Build EV Factories Around The World"
Audi is getting serious about building plug-ins Audi has announced that future electric...
NdPr generates clean Energy
Annual growth rate/ CAGR for new installed capacity was 24% between 2000-2015. 1 megawatt of an Direct Drive Wind Turbine contains approx. 200kg pure Nd/Pr oxide. Countries are looking f...View More Articles
"Wind power is now cheaper than nuclear – the energy revolution is happening"
Far-sighted government policy means the cost of offshore wind energy has halved. The benefits in ter...
"Europe’s growth rate in offshore wind must triple to get Paris goals into reach"
To support the Paris Agreement’s goal of limiting temperature increase to 1.5°C, Europe will need...
efficiency and productivity in society
"The actual path of a raindrop as it goes down the valley is unpredictable, but the general direction is inevitable," says digital visionary, Kevin Kelly — and technology is much the same, driven by...View More Articles
"The first battery-powered manned helicopter: 20 minutes flight time with 1100 lbs battery pack"
Tier 1 Engineering unveiled the first battery-powered manned helicopter. The engineering firm retrof...
"Robot maker Fanuc running full-tilt amid China orders"
New $550m factory to double production, but heavy capex could squeeze profits A Fanuc factory. ...
tackling its rare earth industry issues
History has a habit of repeating itself. Each society goes through different stages in its development and it’s time for China to tackle his environmental and rare earth industry issues. Although...View More Articles
"NOVEMBER 2017 – CHINA NORTHERN RARE EARTH GROUP “BAOTOU” PRICE LIST"
BEIJING (Asian Metal) 14 Nov 17 - China Northern Rare Earth (Group) High-tech LLC (“China Norther...
"October 2017 – China Northern Rare Earth Group Published New Rare Earth Price List"
BEIJING (Asian Metal) 16 Oct 17 - China Northern Rare Earth (Group) High-tech LLC (“China Norther...
to provide reliable and affordable power and sustainable e-mobility
50% of future demand growth underpinned by existing government policies including COP21 – The Paris Summit, Energy 2020 (Europe) and Kigali 2016 By 2040, our world population will be more than 9 ...View More Articles
"The Dutch government confirms plan to ban new petrol and diesel cars by 2030"
Today, the new Dutch government presented its detailed plan for the coming years and it includes m...
"China Is Said to Mull Relaxing Foreign EV Maker Restrictions "
(Bloomberg) -- China is discussing a plan to allow foreign carmakers to set up wholly owned electri...
Change is the law of life and those who look only to the past or present are certain to miss the future" John F. Kennedy...View More Articles
"Report: JRC Wind Energy Status Report – 2016 Edition"
Excellent Report with great Insights on the direct drive permanent magnet wind turbine market A...
"Report: Q-Series UBS Evidence Lab Electric Car Teardown – Disruption Ahead?"
Excellent report from UBS providing great insights on the Rare Earth content in one car! ...