This is an extract borrowed from Mission 2016, Dysprosium in the future.
For demand and supply projections for neodymium, lanthanum, cerium, europium, terbium, and yttrium, see Department of Energy, 2011.
Case Study
Dysprosium is an essential element in the creation of permanent neodymium magnets. Dysprosium allows such permanent magnets to maintain their properties at high temperatures. Due to the high temperatures which exist inside electric motors and turbines, the main demands for dysprosium-doped magnets come from production of wind turbines and electric vehicles (Moss et al., 2011). Dysprosium is needed in order for these products to operate efficiently at high speeds.
As demands for green energy and green tech continue to rise, so does the demand for dysprosium (Department of Energy, 2011; Moss et al., 2011; Alonso et al., 2012) Projections show that the increases in use of green technology required to stabilize atmospheric carbon dioxide at 450 ppm would increase demand of dysprosium by 2600% over the next 25 years (assuming current demands for wind and electric motor applications are representative of future needs). However, current estimates show that production of dysprosium is predicted to increase by at most 6% per year. In order to meet the expected rise in demand, production would have to increase by more than twice as much, at a rate of 14% per year (Alonso et al. 2012). The figure below shows supply and demand projections for dysprosium until the year 2025.
Projections for Future Supply and Demand for Dysprosium, Based on Various Scenarios for Green Energy Demand
Source: Department of Energy, 2011
In the figure above, various demand scenarios are plotted against expected future supplies of dysprosium. It is crucial to note that for even the most optimistic of scenarios there is shortfall in future supply of dysprosium.
Unbiased article IMO however judge for yourself as I am biased towards NTU...
- Forums
- ASX - By Stock
- NTU
- Worlds largest going Electric Vehicle
Worlds largest going Electric Vehicle, page-3
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NTU (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $135.9M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $46.57K | 2.332M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 408914 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 4951824 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 408914 | 0.020 |
42 | 13613667 | 0.019 |
50 | 16051368 | 0.018 |
25 | 9718897 | 0.017 |
12 | 3252500 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 4951824 | 12 |
0.022 | 2157633 | 5 |
0.023 | 2536677 | 5 |
0.024 | 3257105 | 7 |
0.025 | 1970038 | 5 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
NTU (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online