Key Message10 Mar 2026 07:52
In a marketplace dominated and skewed by China (European Commission : Study on the Critical Raw Materials for the European Union, 2023), a prospective new Namibian supply of at least two key, and scarce, rare earth elements, neodymium (Nd) and praseodymium (Pr), is strategically significant. Diversification of market supply to meet increasing demand is a recognised planning priority for all industrialised nations as exemplified by the EU Critical Raw Materials Act (2023).