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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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"Tesla’s Secret Source of Cash"
Detroit carmakers disclose deals to buy regulatory credits GM says it’s hedging against ‘futu...
"BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040"
BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 5...
"Toyota speeds up electric vehicle schedule as demand heats up"
TOKYO (Reuters) - Toyota Motor Corp aims to get half of its global sales f...
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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"Clean Energy Investment Exceeded $300 Billion Once Again in 2018"
Solar commitments declined 24% in dollar terms even though there was record new photovoltaic capacit...
"Batteries boom enables world to get half of electricity from wind and solar by 2050 | Bloomberg NEF"
Coal to shrink to just 11% of global electricity generation by mid-century, from 38% now, as compara...
"Wind power is now cheaper than nuclear – the energy revolution is happening"
Far-sighted government policy means the cost of offshore wind energy has halved. The benefits in ter...
Other Applications
efficiency and productivity in society
"The actual path of a raindrop as it goes down the valley is unpredictable, but the general direction is inevitable," says digital visionary, Kevin Kelly — and technology is much the same, driven by...
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"US robot density now more than double that of China"
US Industrial robot installations rise +14% - US Robot Market: 2.1 billion US$ IFR Press R...
"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...
"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-...
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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"JL Mag Rare Earth : Xi’s visit boosts China’s critical rare-earth sector"
Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Commi...
"China will not be bullied into submission: China Daily editorial"
[Photo/IC] In a thinly veiled warning that Beijing will not rule out using rare earths as a weapo...
"China rare earth prices surge on Myanmar crackdown"
Picture: Workers walk past an iron ore storage site at Yingkou Port, one of China's biggest ports fo...
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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"Tesla’s Secret Source of Cash"
Detroit carmakers disclose deals to buy regulatory credits GM says it’s hedging against ‘futu...
"JL Mag Rare Earth : Xi’s visit boosts China’s critical rare-earth sector"
Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Commi...
"Malaysia to let Australia’s Lynas continue running rare earths plant – PM Mahathir"
https://youtu.be/skipV9P594E TOKYO (Reuters) - Malaysian Prime Minister Mahathir Mohamad said o...
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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"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...
"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...
"Report: JRC Wind Energy Status Report – 2016 Edition"
Excellent Report with great Insights on the direct drive permanent magnet wind turbine market A...