NorthStar Realty Europe (NRE) Reports Q4 EPS of $0.02 on Revenues of $32.55M
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Tesla's electric motor shift to spur demand for rare earth neodymium
March 12, 2018 1:18 PM EDT(This version of the March 12 story corrects year in paragraph 7, removes reference to Spectrum Rare Earths in paragraph 19)
By Pratima Desai
LONDON (Reuters) - Tesla's shift to a magnetic motor using neodymium in its Model 3 Long Range car adds to pressure on already strained supplies of a rare earth metal that had for years been shunned because of an export ban by top producer China.
Efforts by governments around the world to cut noxious emissions produced by fossil fuel-powered cars is driving demand for electric vehicles and the metals used to make them, such as... More
