Less Common Metals Limited

The principal activity of the company continued to be that of the manufacture and sale of rare earth-based alloys, either by Vacuum Induction Melting or Co-reduction and the production of light rare earth metals by molten salt electrolysis. The company's main products are samarium cobalt and neodymium iron boron alloys, both for permanent magnet applications. Such magnets are used, for example in automotive, power generation and electronic industries.