NdPr oxide is predicted to be under supplied by 90,000 tonnes by 2040 due to a lack of new primary and secondary supply sources from 2023 onward.
“We forecast that global under supply of didymium oxide (or oxide equivalent) will rise to 19,000 tonnes-per-annum by 2030 and 90,000 tonnes-per-annum by 2040 – an amount roughly equal to last year’s total global primary plus secondary production,”
MEI Price at posting:
19.8¢ Sentiment: Buy Disclosure: Held
