Neodymium

Neodymium magnets are very strong magnets.

Now, he's found an unexpected silver lining in these polluted streams. Or, perhaps more accurately, a neodymium lining.

Neodymium is used in powerful magnets in wind turbines and electric vehicles. It makes the tiny magnets in cell phone speakers possible.

Neodymium is a rare earth metal with element symbol Nd and atomic number 60.

Other rare elements, like neodymium, exist in more than one isotopic form, the ratios of which can provide a measure of the depth from which the flow material may ultimately have been derived.

The most important application of dysprosium and terbium, which belong to a subgroup known as the heavy rare earths, is in devices called neodymium boron magnets, or neo magnets for short.

But the government also gave MP Materials a decade-long guaranteed price floor for its products, such as the rare earths neodymium-praseodymium, at twice recent market rates (leaving aside the fact prices have soared this week as MP Materials has cut ties with China).