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QUEST RARE MINERALS LTD V.QRM


Primary Symbol: QRMLF

Quest Rare Minerals Ltd is a Canadian exploration company developing Strange Lake rare earth deposit in northeastern Quebec, Canada. The Strange Lake REE deposit contains quantities of all the rare earth metals used in permanent magnets. The company is to become a supplier of rare earth oxides for the permanent magnet industry to be used in variety of industrial and consumer applications including wind turbines, automobiles, consumer electronics and medical equipment. Its project portfolio includes Strange Lake Rare Earth project, and Strange Lake Preliminary Economic Assessment.


EXPM:QRMLF - Post by User

Bullboard Posts
Post by ThaiDiamondon Nov 28, 2010 7:14pm
375 Views
Post# 17768542

Developing greener, cheaper magnets

Developing greener, cheaper magnets"Ames Laboratory scientists have come up with a new process to prepare neodymium-iron-boron (Nd2Fe14B) permanent magnets that has the potential to enable them to be produced economically here in the United States. What’s more, the Ames Laboratory process doesn’t produce the environmentally unfriendly byproducts that result from traditional manufacturing methods.
“It is a one-step process going from the neodymium oxide to the neodymium master alloy,” Gschneidner explains, “and since the end-products are completely utilized, there are no waste materials to dispose of.”
A green process with the potential to bring a greater share of the$4.1 billion permanent magnet industry back to U.S. shores represents a major achievement in itself.
But the greatest long-term benefit of the Ames Lab process may be yet to come. Gschneidner believes that “A modification of this process should enable us to prepare a lanthanum master alloy to produce lanthanum nickel metal hydride batteries, which are used in hybrid and electrical vehicles.”
Source: https://is.gd/hVOBw
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My take:
While is a very interesting development, what the article did not detail is the actual economics of how much cheaper this new 'one-step' process could be.
Bullboard Posts