Neo Performance Materials to acquire exploration license for rare earth element project in Greenland
Green Car Congress
AUGUST 26, 2022
The project hosts a mineral deposit that is enriched in neodymium and praseodymium, two essential elements for rare earth permanent magnets used in electric vehicles, wind turbines, and high-efficiency electric motors and pumps that help reduce greenhouse gas emissions. Sarfartoq carbonatite drill cores.
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