LYC lynas rare earths limited

Markets that Matter: wind turbines, page-3

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    UK just signed off on an additional 6GW wind power spree, of which 5.5GW is offshore [1].

    Depending on manufacturer, up to 650kg of permanent magnet per MW, or ~1,100,000 kg of Nd (@30% of PM).

    China is currently building 10GW offshore.. [2] (~2 million kg Nd).

    Certainly doesn't hurt..

    1. https://www.gov.uk/government/news/clean-energy-to-power-over-seven-million-homes-by-2025-at-record-low-prices
    2. http://www.xinhuanet.com/english/2019-05/20/c_138074632.htm
 
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