Energy Fuels' heavy rare earths qualified for use by Japan's largest permanent magnet manufacturer

The trace

How it reaches your house.

Starting from Rare-earth elements (NdPr), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.

1. First impact

   NdFeB Rare Earth Permanent Magnets →supply up

   Auto parts and repairs

   NdFeB permanent magnets are a critical input to auto parts and repairs, so a new heavy-rare-earth supply channel should improve their availability downstream.

   86% confidence

   Rare-earth elements (NdPr) →supply up

   Rare earth magnets

   Rare-earth inputs are critical to permanent magnet manufacturing, so qualifying a new heavy-rare-earth supply channel should improve feedstock availability downstream.

   74% confidence

   JL MAG Rare-Earth →supply up

   Neodymium-Iron-Boron (NdFeB) Permanent Magnets