The Rare Metal Blog [RMB] came online late last year, created by the folks at Pro-Edge Consultants as a resource for investors, developers and any one else interested in the extraction, processing and end uses of rare metals [which include the rare earth elements, of course a vital part of Nd-Fe-B and Sm-Co permanent magnets] and their ores. Avalon Rare Metals, a Canadian junior exploration company with a number of rare earth reserves in Canada, is a key sponsor and contributor to the blog. Between them, Pro-Edge and Avalon are doing a great job in using the RMB to highlight the ever-increasing uses of these “technology metals” in a wide range of applications, and the challenges that such growth poses to the supply and even the demand side of things.
The almost complete monopoly that Chinese suppliers have on rare earth production, globally, has been a source of concern for the permanent magnets industry outside of China, for quite some time. The strategic importance of companies like Avalon, Great Western Minerals Group, who also has significant rare earth reserves in Canada and Molycorp Minerals, LLC, with rare earth resources at the famous Mountain Pass facility in California, is self-evident, particularly for the permanent magnets industry in particular. Information sources like the RMB are therefore particularly welcome, I think, to those of us trying to make sense of what can be a rapidly changing landscape.
Earlier this year I was invited to contribute to the RMB and I am pleased to say that earlier this month I finally made my first post over there, on the dysprosium problem. I’ll be sure to highlight RMB posts, here at Terra Magnetica, that might be of particular interest to the permanent magnets industry.