What is Neodymium (XND)?
Neodymium is a rare earth metal used to produce neodymium magnets (NdFeB) — the world's strongest permanent magnets. They are 10 times stronger than regular ferrite magnets at a much smaller size.
Neodymium in modern tech
Neodymium magnets are everywhere: in EV motors, wind turbine generators, hard drives, headphones, speakers, and medical equipment (MRI). Modern energy and electronics are inconceivable without neodymium.
Neodymium geopolitics
China controls over 60% of global mining and over 90% of rare earth processing, including neodymium. This creates serious dependency risks for Western economies. The EU and US are actively investing in developing their own supply chains.