A submarine mine 6,000 meters deep to extract rare earths
A new deep-sea rare-earth mining project could add future supply of critical minerals.
Source →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.
First impact
Rare-earth elements (NdPr) →supply upNdPr is a critical input for rare earth magnets, so additional deep-sea NdPr supply should make magnet output more available.
93% confidenceRare Earth Oxides (Nd, Pr, Dy, Tb) →supply upRare earth oxides are a critical input here, so additional supply should ease input constraints and make the finished good more available.
86% confidenceRare Earth Oxides (Nd, Pr, Dy, Tb) →Prices easeBecause the project is aimed at building supply independent of China, China's dominant supply position on this edge should face the strongest price and share pressure.
Hop 2
Home appliances →supply upA new rare-earth mine directly eases feedstock constraints for NdFeB magnets, a critical appliance input, so magnet availability should rise.
84% confidenceShenghe Resources Holding Co., Ltd. →supply upRare Earth Oxides (Nd, Pr, Dy, Tb)
A new deep-sea rare-earth mine would increase future availability of the rare-earth oxide basket that Shenghe relies on as an input.
70% confidenceRare earth magnets →supply upHop 3
Terbium (Tb) Metal →supply upMore Tb metal eases a critical 0.85-strength input into rare earth magnets, increasing their supply.
68% confidenceTerbium (Tb) Metal →Prices easeA new Tb supply source would pressure China's dominant supply share, pushing incumbent prices down.
62% confidenceTerbium (Tb) Metal →Prices easeChina Southern Rare Earth Group
China Southern's 60% share makes it highly exposed to price compression from additional Tb supply.
Hop 4
China Southern Rare Earth Group →supply upChina Southern Rare Earth Group is heavily tied to Tb metal, and a new rare-earth mine could lift upstream Tb availability, easing this input constraint.
49% confidenceChina Southern Rare Earth Group →supply upThe company also has major exposure to Dy metal, so additional rare-earth supply could improve Dy feedstock availability and reduce constraint pressure.
46% confidence
Where it lands
What you buy, and what you own.
Goods you buy
Rare earth magnets · Home appliances
Companies you may own
600111.SSChina Minmetals Rare Earth Co.Shenghe Resources Holding Co., Ltd.Lynas Rare Earths Ltd.China Southern Rare Earth Group
Tap a company to see what it told the SEC could break it.
In the MyPRIA app, this is checked against your own holdings.