Neodymium (Nd)
(https://en.wikipedia.org/wiki/Neodymium#/media/File:Neodymium2.jpg)
Properties
Neodymium is the ultimate example of
a typical REE. There isn't anything special about Neodymium
apart from the general properties of rare earth elements as
a group, except that it is readily available and much
cheaper than REE alternatives.
Applications
Alloying neodymium with iron and
boron is the most popular way to create super strong
permanent magnets at the lowest possible cost. These magnets
are essential components of electrical generation in wind
turbines. They are also necessary in electric motors, like
the one you're going to drive around in 10 years to do your
part in saving the planet. Neodymium alloyed magnets are
used in an huge range of common products. These include MRI
medical scanners, audio equipment, and hard drives.
The phosphorescent nature of neodymium is taken advantage of
by welders and people who stare at laser beams. Glass doped
with neodymium absorb the Sodium D-lines completely,
allowing people to gaze easy at really bright things.