Metals & Alloys Blog

Metals & Alloys

The Metals & Alloys Blog is the place for conversation and discussion about ferrous and nonferrous metals, metalworking processes, and specialty alloys. Here, you'll find everything from application ideas, to news and industry trends, to hot topics and cutting edge innovations.
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Wind from the East?

Posted August 16, 2010 7:49 AM

The boom in wind power development in China is putting the squeeze on world supply of rare earth magnet materials. The Chinese wind power sector is predicted to consume 70,000 tons of neodymium, approximately 3½ times 2008 production, between now and 2018-19. Will this serve as a wake-up call for development of magnet industries in other regions, or will leadership be ceded to the Chinese?

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dvmdsc
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Re: Wind from the East?

08/16/2010 10:39 PM

Now it is rare earth magnets. It has been construction materials, steel and many different materials. China is just buying the world. They invest everywhere and have the means to do it. We 'd better get educated in Chinese everything.

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russ123
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Re: Wind from the East?

08/17/2010 1:10 AM

The sky is falling! Every couple of months some journalist comes up with one of these stories.

Rare earth materials such as neodymium are not really all that rare - just not concentrated to make mining easy.

As the value of these materials increases more mines will come on line - probably causing a future crisis when the price collapses.
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