Neodymium-praseodymium
Neodymium and praseodymium are key inputs for high-strength permanent magnets used in electric motors, wind turbines, drones and precision actuators.
NdPrRare earth magnetsPermanent magnets
Reference data
Key facts
Use caseInput for high-strength permanent magnets.
India relevanceIREL product coverage includes rare-earth oxides and compounds.IREL rare earth processing and product coverage
Proprietary scores
Strategic profile
Industrial importance5/5
Strategic importance5/5
Localization potential4/5
Import dependency5/5
Technology complexity4/5
Capital intensity3/5
Knowledge graph
Mapped relationships
- SuppliesRare earth elements
- SuppliesRare earth permanent magnet