All minerals
    60
    Nd
    Neodymium
    TightRare earth elements · light REEImportant

    Neodymium

    The 'Nd' in NdFeB magnets inside EV motors, wind turbines, speakers and hard drives.

    Supply risk index
    78
    / 100
    Top producer
    China
    69%
    China share
    69%
    US import reliance
    67%
    World output 2025
    390k t
    +3% y/y
    On national lists
    10 / 10
    2 strategic
    Why it matters for AI infrastructure
    Important — Power, storage, cooling or key components

    Permanent magnets in hard-disk drives, cooling fans, pumps and chiller motors; wind turbines supplying renewable PPAs.

    Tight / restricted
    Price spikes, export controls or active disruption

    China dominates NdPr separation and magnets; a 10-year US price floor of $110/kg backs domestic NdPr output.

    Export controls
    ChinaExport licensing (2025)
    MalaysiaRaw rare earth export ban (2024)
    NamibiaOre & concentrate export ban (2023)
    VietnamRaw rare earth export ban

    Where it's produced

    Share of 2025 world mine production (rare-earth oxide equivalent) (metric tons) · figures are for Rare earths (total, REO). Source: USGS MCS 2026.

    Share of world output
    China
    69%
    United States
    13%
    Australia
    7.4%
    Myanmar
    5.6%
    Thailand
    1.2%
    India
    0.7%
    Madagascar
    0.7%
    Russia
    0.7%

    Where the reserves are

    Share of known economic reserves (metric tons). World total: 85M t. ≈ 218 years at 2025 output.

    China
    52%
    Brazil
    25%
    Australia
    7.4%
    Russia
    4.5%
    Vietnam
    4.1%
    United States
    2.2%
    Greenland
    1.8%
    Tanzania
    1.0%

    Who calls it critical

    Membership on each government list. “Strategic” marks a higher tier where the list has one; “group” means included as part of a group such as rare earths or PGMs.

    Neodymium: key questions

    Where is neodymium mined or produced?
    According to USGS 2025 data, the largest producers are China (69%), United States (13%) and Australia (7.4%) of world mine production (rare-earth oxide equivalent).
    Is neodymium a critical mineral?
    Neodymium appears on 10 of the 10 official lists we track (United States, United States (DOE), European Union, United Kingdom, China, Japan, South Korea, India, Australia, Canada).
    Is neodymium in short supply?
    Our supply status: Tight / restricted. China dominates NdPr separation and magnets; a 10-year US price floor of $110/kg backs domestic NdPr output.
    Why does neodymium matter for AI infrastructure?
    Permanent magnets in hard-disk drives, cooling fans, pumps and chiller motors; wind turbines supplying renewable PPAs.