Rare earth magnets are going to get a lot rarer as demand continues to ramp up and supply continues to dwindle.
Adamas is predicting an annual undersupply of NdFeB magnets of 60,000 tonnes by 2030 and 246,000 tonnes by 2040. Meanwhile, NdPr oxide is expected to see an undersupply of 90,000 tonnes by 2040 as a result of insufficient supply sources.
The earth is getting raped and poisoned for these materials but where are the people who picket coal mines? Where is the outrage?
The problem is that they don’t think through the implications–they’ve been trained to see ‘free’ energy and don’t look any further.
I just call them hypocrites.

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