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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.

Automotive

NdPr drives almost
all E-vehicles

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...

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16/04/2019
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"The World’s Biggest Electric Vehicle Company Looks Nothing Like Tesla"

BYD, which built the battery in your ’90s cellphone, now produces more EVs than anyone—and it wa...

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10/04/2019
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"Two departments jointly hold meeting on upstream and downstream cooperation mechanism of rare earth permanent magnet materials."

On April 3, 2019, in order to further develop the upstream and downstream cooperation mechanism of r...

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12/04/2019
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"Geely launches Geometry global EV brand"

Chinese automotive company Geely has launched Geometry, a new global all-electric vehicle brand, and...

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Wind Energy

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...

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16/01/2019
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"Clean Energy Investment Exceeded $300 Billion Once Again in 2018"

Solar commitments declined 24% in dollar terms even though there was record new photovoltaic capacit...

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19/06/2018
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"Batteries boom enables world to get half of electricity from wind and solar by 2050 | Bloomberg NEF"

Coal to shrink to just 11% of global electricity generation by mid-century, from 38% now, as compara...

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26/09/2017
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"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...

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Other Applications

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...

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03/04/2019
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"US robot density now more than double that of China"

  US Industrial robot installations rise +14% - US Robot Market: 2.1 billion US$ IFR Press R...

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16/02/2019
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"An ageing world needs more resourceful robots"

Rather than take people’s jobs, machines will help care for them in their old age Rather than tak...

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20/11/2018
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"Scooters Are Not A Public Safety Crisis, but Cars Still Are"

Lime scooters at Portland Bureau of Transport event Photo cred: PBOT Flickr Small, personally-...

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China

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...

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16/04/2019
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"The World’s Biggest Electric Vehicle Company Looks Nothing Like Tesla"

BYD, which built the battery in your ’90s cellphone, now produces more EVs than anyone—and it wa...

CONTINUE
10/04/2019
news-source-logo

"Two departments jointly hold meeting on upstream and downstream cooperation mechanism of rare earth permanent magnet materials."

On April 3, 2019, in order to further develop the upstream and downstream cooperation mechanism of r...

CONTINUE
12/04/2019
news-source-logo

"Geely launches Geometry global EV brand"

Chinese automotive company Geely has launched Geometry, a new global all-electric vehicle brand, and...

CONTINUE

Legislation

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 ...

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15/01/2019
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"Beijing, pushing its electric vehicle market, is making it harder for start-ups to enter as it fights overcapacity"

Forecast number of vehicles produced by 2020 is 20 million, 10 times the government’s target Sales...

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04/01/2019
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"Notice of the 12 departments on continuously strengthening the order rectification of the rare earth industry  "

Translated with Google translate  Issuing authority: Ministry of Industry and Information Tec...

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04/01/2019
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"Interpretation of the Notice on Continuously Strengthening the Order Rectification of the Rare Earth Industry"

Translated with Google translate: 1. What is the background of the document? In recent years, ...

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Research

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...

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10/01/2018
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"White Paper Peak Resources – Neodymium and Praseodymium (NdPr) The biggest blind spot in the global commodity market"

Today we are happy to share with you our recent finished white paper and why we believe NdPr is the...

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07/09/2017
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"The future of mobility in India: Challenges and opportunities for the auto component industry"

The Indian automotive industry has started to experience the effects of the global disruption. Elect...

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31/07/2017
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"Report: JRC Wind Energy Status Report – 2016 Edition"

Excellent Report with great Insights on the direct drive permanent magnet wind turbine market A...

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