Impacts of aluminum-cerium alloy deployment on different cerium commodities.
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| Title: | Impacts of aluminum-cerium alloy deployment on different cerium commodities. |
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| Authors: | Severson, Michael H.1 (AUTHOR) Michael.Severson@inl.gov, Nguyen, Ruby T.1 (AUTHOR), Sibal, Adam1 (AUTHOR), Kim, Haeyeon1 (AUTHOR) |
| Source: | Resources, Conservation & Recycling. Jun2024, Vol. 205, pN.PAG-N.PAG. 1p. |
| Subject Terms: | Cerium oxides, Rare earth metals, Cerium, Cerium group, Praseodymium, Prices |
| Abstract: | • Results showed Ce oxide as cheaper than Ce carbonate for Al–Ce manufacturing. • This is because larger markets such as Ce oxide are more resistant to price shocks. • The cerium market saw its greatest increase in value when cerium metal was used. An imbalance problem exists in the rare earth element (REE) market with cerium and lanthanum being more abundant and less valuable than REEs used in permanent magnets such as neodymium, praseodymium, and dysprosium. Research has been conducted on new applications for abundant REEs to improve mining economics. However, potential market impacts of these applications on individual REE commodities are unknown. A system dynamics model was built to investigate the impacts of a new aluminum-cerium (Al–Ce) alloy that can theoretically utilize three separate cerium forms: cerium carbonate, cerium oxide, or cerium metal. Cerium carbonate currently possesses the lowest price of the three available forms making it initially the most favorable choice. However, model results showed that cerium oxide could provide the best economics for future Al–Ce alloy deployment because its larger market size buffers major shocks to price. [ABSTRACT FROM AUTHOR] |
| Copyright of Resources, Conservation & Recycling is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | GreenFILE |
| FullText | Text: Availability: 0 |
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| Header | DbId: 8gh DbLabel: GreenFILE An: 176587376 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Impacts of aluminum-cerium alloy deployment on different cerium commodities. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Severson%2C+Michael+H%2E%22">Severson, Michael H.</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> Michael.Severson@inl.gov</i><br /><searchLink fieldCode="AR" term="%22Nguyen%2C+Ruby+T%2E%22">Nguyen, Ruby T.</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Sibal%2C+Adam%22">Sibal, Adam</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Kim%2C+Haeyeon%22">Kim, Haeyeon</searchLink><relatesTo>1</relatesTo> (AUTHOR) – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Resources%2C+Conservation+%26+Recycling%22">Resources, Conservation & Recycling</searchLink>. Jun2024, Vol. 205, pN.PAG-N.PAG. 1p. – Name: Subject Label: Subject Terms Group: Su Data: <searchLink fieldCode="DE" term="%22Cerium+oxides%22">Cerium oxides</searchLink><br /><searchLink fieldCode="DE" term="%22Rare+earth+metals%22">Rare earth metals</searchLink><br /><searchLink fieldCode="DE" term="%22Cerium%22">Cerium</searchLink><br /><searchLink fieldCode="DE" term="%22Cerium+group%22">Cerium group</searchLink><br /><searchLink fieldCode="DE" term="%22Praseodymium%22">Praseodymium</searchLink><br /><searchLink fieldCode="DE" term="%22Prices%22">Prices</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: • Results showed Ce oxide as cheaper than Ce carbonate for Al–Ce manufacturing. • This is because larger markets such as Ce oxide are more resistant to price shocks. • The cerium market saw its greatest increase in value when cerium metal was used. An imbalance problem exists in the rare earth element (REE) market with cerium and lanthanum being more abundant and less valuable than REEs used in permanent magnets such as neodymium, praseodymium, and dysprosium. Research has been conducted on new applications for abundant REEs to improve mining economics. However, potential market impacts of these applications on individual REE commodities are unknown. A system dynamics model was built to investigate the impacts of a new aluminum-cerium (Al–Ce) alloy that can theoretically utilize three separate cerium forms: cerium carbonate, cerium oxide, or cerium metal. Cerium carbonate currently possesses the lowest price of the three available forms making it initially the most favorable choice. However, model results showed that cerium oxide could provide the best economics for future Al–Ce alloy deployment because its larger market size buffers major shocks to price. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Resources, Conservation & Recycling is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
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| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1016/j.resconrec.2024.107521 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 1 StartPage: N.PAG Subjects: – SubjectFull: Cerium oxides Type: general – SubjectFull: Rare earth metals Type: general – SubjectFull: Cerium Type: general – SubjectFull: Cerium group Type: general – SubjectFull: Praseodymium Type: general – SubjectFull: Prices Type: general Titles: – TitleFull: Impacts of aluminum-cerium alloy deployment on different cerium commodities. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Severson, Michael H. – PersonEntity: Name: NameFull: Nguyen, Ruby T. – PersonEntity: Name: NameFull: Sibal, Adam – PersonEntity: Name: NameFull: Kim, Haeyeon IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 06 Text: Jun2024 Type: published Y: 2024 Identifiers: – Type: issn-print Value: 09213449 Numbering: – Type: volume Value: 205 Titles: – TitleFull: Resources, Conservation & Recycling Type: main |
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