Neodymium Production Cost Reports

Neodymium (Nd) is a chemical element belonging to the lanthanide series (atomic number 60) of the periodic table. It is a rare-earth metal that appears to be silvery white. It is ductile, malleable, and readily oxidizes in air to form an oxide. It is also very reactive and tarnishes in the air.

Neodymium is a rare chemical used in household equipment like fluorescent lamps, colour televisions, and energy-saving lamps and glasses. Neodymium iron and boron (NIB) alloys are used to make permanent magnets which find employment in the components of modern vehicles, computer data storing and loudspeakers. It is used in colouring glasses (didymium glass) that absorb the yellow sodium glare of flame and protect the eyes of welders. In the laser industry, it is used to manufacture crystals like yttrium aluminium garnet. It is used to cut and weld steel. Also, it is used to treat skin cancers.

Procurement Resource provides an in-depth cost analysis of Neodymium production. The report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with, financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. We also offer additional analysis of the report with a detailed breakdown of all cost components (Capital Investment Details, Production Cost Details, Economics for Another Plant Location, and Dynamic Cost Model).