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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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15/11/2018
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"Volkswagen to make Zwickau vehicle plant Europe’s top-performing electric car factory"

  First complete transformation of a major car factory from internal combustion engines to...

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28/05/2018
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"EVs now competitive, says LeasePlan’s Car Cost Index"

In several European countries, electric vehicles (EVs) are now cost competitive with traditional pow...

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18/11/2018
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"Electric Car Servicing Cost Are Lower: Here’s How Much"

EV motorists are set for an eco-dividend. The cap hpi, a British company which provides decision s...

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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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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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08/08/2017
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"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...

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05/01/2017
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"China to plow $361 billion into renewable fuel by 2020"

BEIJING (Reuters) - China will plow 2.5 trillion yuan ($361 billion) into renewable power generation...

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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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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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03/11/2018
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"Toyota-backed flying car zooms toward commercial reality Volunteer team Cartivator launches company and secures $2.6m injection"

  TOKYO -- A group of volunteer engineers supported by Toyota Motor is making strides to...

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01/02/2018
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"Hitachi, Fanuc, AI startup forming automation joint venture"

Deep learning, edge computing will be deployed for 'smart' factory production Fanuc is looking to g...

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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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20/11/2018
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"The Raw Materials Industry Division organized a symposium on the 6 major group of rare earths"

On November 15, 2018, the Raw Materials Industry Department organized a symposium on the 6 major gro...

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30/10/2018
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"Comprehensively carry out the special supervision work of the rare earth industry order rectification to create a fair market environment for the sustainable and healthy development of the industry"

Since the promulgation of the "Several Opinions of the State Council on Promoting the Sustainable an...

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25/11/2018
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"Three-year action plan for improving the quality of raw materials industry (2018-2020)"

Notice of the Four Departments on Printing and Distributing the Three-Year Action Plan for Quality I...

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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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20/12/2017
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"Presidential Executive Order on a Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals"

By the authority vested in me as President by the Constitution and the laws of the United States of ...

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20/11/2018
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"The Raw Materials Industry Division organized a symposium on the 6 major group of rare earths"

On November 15, 2018, the Raw Materials Industry Department organized a symposium on the 6 major gro...

CONTINUE
30/10/2018
news-source-logo

"Comprehensively carry out the special supervision work of the rare earth industry order rectification to create a fair market environment for the sustainable and healthy development of the industry"

Since the promulgation of the "Several Opinions of the State Council on Promoting the Sustainable an...

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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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