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What is Neodymium?

What is Neodymium?

Neodymium is one of the magnet rare earths and a key material in the strongest rare earth magnets available. It is certainly an element that rare earths investors will want to be familiar with.

Lynas Corp Says Rare Earths Market Not So Bad

Australia’s Lynas Corporation (ASX:LYC) aimed to reassure investors that the rare earths market has not been going as badly as many have speculated, according to the Australian. Lynas released a statement today in which it addressed what it says is media speculation about the state of the industry.

China’s Weakening Hold on the Global Rare Earths Market

China was once responsible for over 90 percent of global rare earths production, allowing it to restrict exports and manipulate prices. However, following a WTO ruling against that practice earlier this year and moves to crack down on illegal mining, China’s share of global rare earths production could be dropping.

Lynas Reports Increased Revenues, but Still Drawing Skepticism

The share price of Australia’s Lynas Corporation is down 75 percent year-to-date, so investors were no doubt happy to see some positive news in the company’s first-quarter results. But although Lynas reported a respectable increase in both revenues and production, also decreasing its operating costs, it’s still facing some struggles.

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