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Prices of chemical elements
Neodymium - Wikipedia ... Neodymium
Neodymium magnet
A rare-earth magnet is a strong permanent magnet made from alloys of rare-earth elements. Developed in the 1970s and 1980s, rare-earth magnets are the strongest type of permanent magnets made, producing significantly stronger magnetic fields than other types such as ferrite or alnico magnets. The magnetic field typically produced by rare-earth ...
The current cost for 1 kilogram of neodymium is 70 US dollars. [22] However, it is expected to increase as 3,300 of the 31,700 tons of global demands were not met in 2017 and it is calculated that the demand will increase to around 39,000 tons by 2019. [ 22 ]
Abundance of the chemical elements
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Neodymium compounds are compounds formed by the lanthanide metal neodymium (Nd). In these compounds, neodymium generally exhibits the +3 oxidation state, such as NdCl 3, Nd 2 (SO 4) 3 and Nd (CH 3 COO) 3. Compounds with neodymium in the +2 oxidation state are also known, such as NdCl 2 and NdI 2. Some neodymium compounds have colors that vary ...
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