About NdPr
The Problem
From wind turbines through electric vehicles, bikes and trains to trucks, drones, industrial tools, automation and robotics, the electric motor is the driving force behind a cleaner energy future. As most industries prepare to make the shift to zero-emission solutions, demand for super-strong NdPr permanent magnets is increasing.
Due to their fantastic physical properties and features, NdPr raw materials offer industries a plethora of applications. While lithium can be used for energy storage alone, NdPr finds application in both electricity generation and subsequent conversion to mechanical energy.
In 2017, there was an 80% soar in prices of NdPr, and current prices are expected to double by 2025. At the same time, experts predict a supply shortfall will hit the market as early as 2021. Part of the issue lies in the monopoly over NdPr: currently, over 87% of the world’s production of NdPr is controlled by China.
The demand for NdPr is expected to double by 2025 but supply shortfall is predicted to hit as early as 2021. Currently, the majority of NdPr deposits are under the control of China.
The Solution: Pensana NdPr Project

Why invest in NdPr?

Facts about NdPr
Neodymium
Neodymium is a chemical element with symbol Nd and atomic number 60. It is a soft silvery metal that tarnishes in air. Neodymium was discovered in 1885 by the Austrian chemist Carl Auer von Welsbach.
Praseodymium
Praseodymium is a chemical element with symbol Pr and atomic number 59. Praseodymium is a soft, silvery, malleable and ductile metal, valued for its magnetic, electrical, chemical, and optical properties.
NdPr
Neodymium and praseodymium are commonly referred to as NdPr and are elements most commonly used in the creation of high strength permanent magnets.
As the world moves towards zero emissions NdPr electric motors and permanent magnet generators will be at the core of our clean energy future.