The Market

Market insights & News

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...

View More Articles
07/09/2017
news-source-logo

"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...

CONTINUE
04/02/2018
news-source-logo

"Porsche to double investment in plug-in vehicles"

Feb 4, 2018 Porsches says it will double its investments in the development and construction of e...

CONTINUE
05/02/2018
news-source-logo

"Nissan to invest $9.5bn in China to boost electric vehicles"

Jun Seki, head of Nissan's China business, announces the automaker's medium-term business plan in Ch...

CONTINUE

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...

View More Articles
26/09/2017
news-source-logo

"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...

CONTINUE
08/08/2017
news-source-logo

"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...

CONTINUE
05/01/2017
news-source-logo

"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...

CONTINUE

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...

View More Articles
01/02/2018
news-source-logo

"Hitachi, Fanuc, AI startup forming automation joint venture"

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

CONTINUE
25/01/2018
news-source-logo

"War at hyperspeed Getting to grips with military robotics"

SPECIAL REPORT Autonomous robots and swarms will change the nature of warfare PETER SINGER, AN...

CONTINUE
26/01/2018
news-source-logo

"Alibaba CEO declares artificial intelligence and robots ‘will kill our jobs’"

Smart machines look to disrupt the future of work for humanity CEO of the Chinese online sales ...

CONTINUE

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...

View More Articles
10/01/2018
news-source-logo

"China Northern Rare Earth Group China (Baotou) releases PrNd prices for January 2018"

BEIJING (Asian Metal) 10 Jan 18 - This Tuesday, China Northern Rare Earth (Group) High-tech LLC ("Ch...

CONTINUE
14/11/2017
news-source-logo

"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...

CONTINUE
16/11/2017
news-source-logo

"October 2017 – China Northern Rare Earth Group (Baotou) Published New Rare Earth Price List"

BEIJING (Asian Metal) 16 Oct 17 - China Northern Rare Earth (Group) High-tech LLC (“China Norther...

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 ...

View More Articles
03/06/2017
news-source-logo

"India to sell only electric cars by 2030"

While the United States is walking away from the historic Paris Climate Agreement, India is making a...

CONTINUE
01/02/2018
news-source-logo

"European Commission Claims That It Will Be “Getting Tough” On Air Pollution — Will It?"

  Recent years have seen air quality deteriorate throughout various parts of Europe, despite...

CONTINUE
10/10/2017
news-source-logo

"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...

CONTINUE

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...

View More Articles
07/09/2017
news-source-logo

"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...

CONTINUE
31/07/2017
news-source-logo

"Report: JRC Wind Energy Status Report – 2016 Edition"

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

CONTINUE
08/06/2017
news-source-logo

"Report: Statoil – Energy Perspectives June 2017"

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

CONTINUE