Electric vehicles and offshore wind turbines require specific rare earths that are not easy to find. So, a company with a well-advanced project is highly valuable - particularly when it is outside of China, which dominates the market.
Neodymium-Praseodymium (NdPr) oxide is the key element in the manufacture of magnet metals, required for electric vehicles and demand is only going to increase over the next decade.
One fully listed mining company has an attractive rare earths project and the backing of the government of the country where that project is based. It is also planning a new pr...
