Quote:
Originally Posted by suicideneil
Well, they did say the cost of Neodymium nearly trippled..
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Well, it's actually much worse than that...
The price has tripled since January. But it tripled between June 2010 and January 2011 also. So today, the cost is well over 1000% higher than a year ago.
June 2010 : $38/kilo
June 2011: $420/kilo
And that's just for the raw material.