You probably already know that the rare earth mineral **neodymium** is used in humanoid robots and we are expecting billions of these machines in the future.
You likely also know that these magnets are used in advanced aerospace technologies and electric vehicles.
But what you probably didn’t know is that they will play a critical role in the new wave of drone and defence technologies which are due for a massive overhaul.
Neodymium is the leading option but Iron-Nitride is expected to surpass this when production increases in the long term. So although robots will eventually move over to the more sustainable Iron-Nitride magnets, there is still going to be huge near-term demand from advanced military and transport technology.
If we look at expected demand versus supply over the next 10 years, we have a lot to be bullish about. The mineral is up 50% this year, but this is a decade long bet and you are still early for this.
*Disclaimer: This post is for informational purposes only and does not constitute regulated investment advice. Always consult a qualified financial adviser and conduct your own research before making investment decisions.*