Advanced Materials
The Advanced Materials segment separates mixed rare-earth concentrate into high-purity oxides of neodymium, praseodymium, dysprosium and terbium at the Perttula Separation Facility, commissioned in 2014, and produces finished sintered magnets at Lakeline Magnetics in Round Rock, Texas.
Concentrate is supplied from the Gamkarab project in southern Namibia (51% owned) and by third parties, and arrives at Perttula by sea through the Port of Perttula. The Company holds a 70% interest in the Qaqqaq Project in south Greenland.
2025 revenue: $2.41 billion.