Metals Documentation
Nd60
Neodymium
Rare Earth
Last updated: January 2026Overview
A rare earth element critical for permanent magnets used in electric vehicles, wind turbines, and advanced electronics. Neodymium magnets are the strongest permanent magnets commercially available.
Strategic Relevance
Essential for the global energy transition. Over 90% of EV motors and wind turbines rely on neodymium-based permanent magnets.
Applications
01Electric vehicle motors
02Wind turbine generators
03Hard disk drives
04Audio equipment
05MRI machines
Price History
Historical price trend (USD/kg or USD/tonne)
Physical Properties
- Density
- 7.01 g/cm³
- Melting Point
- 1,024°C
- Atomic Number
- 60
- Category
- Rare Earth
Supply Concentration
- China70%
- Myanmar15%
- Vietnam8%
- USA5%
- Other2%