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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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08/09/2017
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"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...

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22/09/2017
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"How Electric Cars Can Create the Biggest Disruption Since the iPhone"

Combination of self-driving, on-demand tech could boost growth Big Oil may take a hit as people...

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02/10/2017
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"GENERAL MOTORS IS GOING ALL ELECTRIC"

  AFTER MORE THAN a century peddling vehicles that pollute the atmosphere, General Motors...

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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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12/09/2017
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"BYD Announces 1st Commercial SkyRail Line In Yinchuan, China"

BYD announced that the first commercial application of its SkyRail monorail mass transit solution op...

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29/06/2015
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"China joins global elite in fast rail"

A CRH (China Railway High-speed) train runs on the rail in Shanghai, April 8, 2009. [Photo/IC] Ch...

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01/11/2016
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"China is building a magnetic levitation train that can go an insane 373 mph"

Photo by China Photos/Getty Images   The China Railway Rolling Stock Corporation ...

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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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12/09/2017
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"BYD Announces 1st Commercial SkyRail Line In Yinchuan, China"

BYD announced that the first commercial application of its SkyRail monorail mass transit solution op...

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29/06/2015
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"China joins global elite in fast rail"

A CRH (China Railway High-speed) train runs on the rail in Shanghai, April 8, 2009. [Photo/IC] Ch...

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27/09/2017
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"Chinese new NEV quota announcement: Cap-and-trade policy, automakers must obtain a new-energy vehicle score"

乘用车企业平均燃料消耗量与新能源汽车积分并行管理办法 发布时间:2017-...

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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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12/10/2017
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"“President Magufuli is a man for this time, country and continent”"

Picture: Clearing work underway mid-year for Buckreef’s TSF Toronto-based Tanzanian Royalty Exp...

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21/09/2017
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"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...

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"The world’s largest car market just announced an imminent end to gas and diesel cars"

A romp through recent, remarkable news about electric vehicles in China and beyond. On Saturday...

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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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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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18/05/2017
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"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!   ...

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08/06/2017
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"Report: Statoil – Energy Perspectives June 2017"

Excellent report from Statoil providing great insights on the Macro economics, future energy demand ...

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