Good article by Jack Lifton o/night , courtesy of INVESTORINTEL...

Good article by Jack Lifton o/night , courtesy of INVESTORINTEL , on NdFEb permanets magnets .
https://investorintel.com/markets/technology-metals/technology-metals-intel/general-motors-engages-with-mp-and-germanys-vakuumschmelze-for-rare-earth-permanent-magnets/.

This addresses the growing demand/shortage in EV's alone . Extrapolate to the wider industrial and aerospace usages .
No wonder ASM KMP's and Toongi for the raw material source , has taken on a much urgent status !
Thanks to Investorintel --worth looking out for Lifton's follow -up article on raw materials .
cheers
One edited extract:
A typical GM EV using the Ultium(TM) platform power train (a lithium-ion battery and an electric motor), if it uses a REPM based motor (REPMM) will need between 2.5 and 5 kg of NdFeB magnets. A 1000 tpa REPM facility can thus supply the needs for REPMMs of between 200,000 and 400,000 new cars. GM has consistently been making about 3,000,000 cars and trucks per year in the USA (forget 2020. It’s an outlier). So, to convert its domestic production to EVs entirely GM would need a maximum of 10,000 tpa of sintered NdFeB, REPMs.