With all the news surrounding rare earth elements (REE), it can be quite easy to get lost in conversations about the supply chain. The following key steps of the mine-to-magnet supply chain will guide you through any conversation.
Step #1: Mining (Ore)
Step #2: Extraction (Mineral Concentrates)
The mined ore contains a mixture of rare earth elements and other minerals, so it is necessary to extract a concentrated mixture of rare earth elements. This is done using a multi-stage process of leaching and precipitation to harvest the REE’s. China is currently the largest producer of rare earth elements, but it is less commonly known that the United States was the world’s largest producer of rare earth elements until the 1990s.
Step #3: Separation (Oxides)
This step involves taking the mixed REE concentrates and separating them out into individual rare earth oxides through heated chemical known as calcination. Though the chemical processing required to produce rare earth oxides is pollutive and costly, China is enacting regulations to remediate waste and pursue sustainable processes.
Step #4: Processing (Metal)
Next, the oxides are processed into rare earth metals. These pure metals created in this step become the basic building blocks for producing rare earth magnets. China is currently the only commercially available source of rare earth metals on the market.
Step #5: Magnet production (Magnets)
And there you have it…enough information on the rare earth magnet supply chain to get you through almost every conversation on the topic.