Powering the transition to a cleaner future

A rare earth element development company

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Woman inspecting a sample at Eureka project E-TECH RESOURCES

The Eureka Project -a uniquely derisked rare earth element project in Namibia

Why Neodymium?

Widely in demand

Neodymium permanent magnets are used in high-performance, low-weight and small size electric motors and generators.

Enabling Electric Vehicles

93% of all Electric Vehicle (EV) motors are permanent magnet traction motors.

Efficient & Reliable

The forecasted increase in wind power supply will almost fully substitute the decline in the coal-based power supply

Rare Earth Metals Availability

More than 80% of all refined rare earths
products are currently produced in China. Countries around the world are actively seeking rare earth resources outside of China as trade disputes and political tensions rise.

Market Potential

Other use cases include computers, robotics, brake energy recapture, and medical technology.

Accelerating market demand

Transition to clean technology is accelerating, creating a demand-supply gap of Neodymium (Nd)

Highly dependant markets

Nd&Pr (rare earth elements neodymium (Nd) and praseodymium (Pr)) are critical ingredients for electric motor vehicles and wind turbine generators

Investor Information

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