Greenland Bans Mining of Uranium
The ban also affects the planned mining of rare earths at the Kvanefjeld mine.
The ban also affects the planned mining of rare earths at the Kvanefjeld mine.
Neodymium magnets are familiar from wind turbines, electric cars and headphones, among other things, but there are also applications in medicine.
After the increase in the production quota, the amount of exported raw materials is now also rising.
MP Materials, the largest producer of rare earths in the western hemisphere, can benefit from the upturn in demand. The establishment of an independent value chain for the strategic raw materials remains a central task.
Rare earth magnet recycling is likely to become much more important in the future, according to William Dawes, CEO of Canadian company Mkango Resources.
The share of renewable energies in Germany fell over the course of the year. The decline mainly affected wind energy.
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