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Neodymium (Nd)

Atomic Number: 60 • Group: LREE

60
144.242
Nd
Neodymium
LREE

Primary Uses

The strongest permanent magnets (NdFeB), Lasers, Electric motors

Scarcity & Economic Profile

Crustal Abundance

27-33 ppm

Primary Economic Driver

Permanent magnets (EVs/Wind)

Geological Scarcity

LowMediumHighExtremeTotal

Supply Risk

N/ALowMediumHighExtreme

Primary Mining Countries

Primary Processing Countries

Sources - Crustal Abundance

  1. Rudnick, R. L., & Gao, S. (2003). Composition of the Continental Crust. Treatise on Geochemistry, 3, 1-64.
  2. Taylor, S. R., & McLennan, S. M. (1985). The Continental Crust: Its Composition and Evolution. Blackwell Scientific Publications.
  3. Wedepohl, K. H. (1995). The composition of the continental crust. Geochimica et Cosmochimica Acta, 59(7), 1217-1232.
  4. U.S. Geological Survey. (2026). Mineral Commodity Summaries 2026. U.S. Department of the Interior.

Short Description

Neodymium is the primary component of NdFeB magnets — the strongest commercially available permanent magnets — enabling compact, powerful motors in EVs, wind turbines, and various electronics.