Also known as Nd.
chemXplore tracks 1 project producing neodymium.
LOI aims to deliver Brazilian rare-earth feedstock to a French separation plant by 2028, supporting magnet-grade Nd/Pr/Dy/Tb supply and industrial Dy/Tb separation by Sep 2026.
Exploration added volume and confidence; reserves ~0.9 Gt. Resources grew mainly at Malmberget; Per Geijer hosts 2.2 Mt REO in situ and phosphorus. EU strategic status granted.
The investment aims to boost productivity and energy efficiency for producing Nd-PBR and SSBR rubbers, essential for "green tires," driven by rising global demand and new EU tire labeling laws.
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