Is neodymium non renewable

Answer 1

Yes, neodymium is considered a non-renewable resource. It is a rare earth element found in the Earth's crust, and while it is not depleted quickly, the extraction and processing of neodymium are limited by the availability of economically viable deposits. As demand for neodymium, particularly in high-tech applications like magnets and electric vehicles, continues to grow, concerns about its long-term availability and environmental impact also increase.