What Adamas Intelligence does

Adamas Intelligence is a privately-held market intelligence firm founded in 2012 and headquartered in Toronto, Canada. The firm specializes in the global supply chains for rare earth elements, permanent magnets, motors, and battery materials — a narrow but strategically critical intersection given the global energy transition and ongoing Western efforts to diversify away from Chinese-controlled supply chains. Its core products are subscription-based intelligence reports (including annual outlooks, quarterly updates, and a recently launched monthly service), the Mine-to-Magnet dataset, the Magnet Factory Database, CIF price forecasts, and custom consulting engagements. The firm also operates an annual industry conference, Rare Earth Mines, Magnets & Motors, which functions as both a thought-leadership platform and a commercial channel.

Adamas serves a diverse client base across six continents, including mining companies, original equipment manufacturers (OEMs), government agencies, and institutional investors. The firm employs a small team (~10 people) of analysts with geology, MBA, and rare earth expertise, led by founder and Managing Director Ryan Castilloux. Revenue is generated through three primary streams: recurring subscriptions across multiple product tiers, bespoke consulting projects, and conference attendance/sponsorship. Pricing appears to be at the upper end of the B2B market intelligence scale, consistent with the specialized nature of the data and the strategic value to clients navigating critical minerals policy and supply security decisions.

The firm's strategic positioning capitalizes on growing global policy interest in critical minerals — including US, EU, and Canadian strategies to onshore rare earth and magnet supply chains — and the resulting demand for independent, granular supply chain intelligence. Recent product expansion (magnet factory data, 2040-horizon outlooks, Western-specific CIF pricing) and vertical expansion into humanoid robotics demand signal a deliberate broadening of the addressable market beyond traditional EV and wind applications.

Name

Adamas Intelligence

Legal name

Adamas Intelligence Inc.

Website

https://adamasintel.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Adamas Intelligence is a Toronto-based market intelligence firm founded in 2012 that provides subscription research, consulting, and events focused on rare earth elements, permanent magnets, motors, and battery materials supply chains. It serves mining companies, OEMs, government agencies, and institutional investors globally.

Ownership category

akta.pro rank

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Subscription Intelligence Reports: Recurring subscription-based access to market intelligence reports including Rare Earth Market Monthly, Magnet Factory Database and Outlook, Rare Earth Magnet Market Outlook to 2040, and other periodic publications. Provides recurring revenue through annual/monthly subscriptions.
2. Custom Consulting Projects: Bespoke advisory services including feasibility study support, due diligence, competitive landscape analyses, IPO prospectus filings, regulatory filings, and management consulting. One-time project-based revenue.
3. Conference & Events: Revenue from hosting industry events such as Rare Earth Mines, Magnets & Motors 2026, including registration fees and sponsorship opportunities.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

No source-backed description of the company's core offering is available in the provided input.

Product overview

Adamas Intelligence is a market intelligence firm specializing in supply chains for critical materials, particularly rare earth elements, magnets, and battery materials. The company operates a portfolio of subscription-based research services (Rare Earth Market Monthly, Magnet Factory Database, EV Motor Materials Monthly, Rare Earth Minerals Monthly) alongside flagship annual reports (Rare Earth Magnet Market Outlook to 2040). The offering is complemented by complementary whitepapers on policy and industrial topics, a free membership platform (Adamas Inside), an annual conference (Rare Earth Mines, Magnets & Motors), and custom consulting services for client-specific needs.

Differentiator

Problem solved

Functional benefit

Brands

• Adamas Inside: A free membership platform providing exclusive insights, research, and data on EVs, batteries, motors, magnets, critical materials, policy, prices, and more. Includes premium content, videos, infographics, and market data.

Quantifiable outcome

• Trusted by clients on six continents including leading OEMs, miners, institutional investors, and government agencies
• +1 more outcomes

Named customers3 records

Segments5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• CRU Group: Established commodity intelligence firm covering metals, mining, and fertilizers with subscription and consulting offerings — a long-standing peer in critical materials research and price forecasting for industrial buyers.
• Wood Mackenzie: Global energy and natural resources research powerhouse offering comparable commodity intelligence across mining and energy transition, including rare earths after absorbing Roskill — a broader-scale incumbent with overlapping enterprise buyer base.
• Fastmarkets: Commodity price reporting agency covering metals and minerals with strong overlap to Adamas's pricing-focused products (Rare Earth Market Monthly, Western CIF Price Forecasts).
• S&P Global Commodity Insights: Major commodity price assessment and market intelligence provider (formerly Platts) serving institutional investors, miners, and OEMs — competes with Adamas for the same enterprise buyers across subscription intelligence and price benchmarks.
• BloombergNEF: Energy transition and commodity research arm of Bloomberg covering EVs, batteries, and critical materials — overlaps with Adamas on EV/battery materials intelligence for institutional investors and OEMs.
• Argus Media: Independent commodity price reporting and market intelligence firm covering energy and metals — competes in the same subscription intelligence category targeting institutional and corporate customers.

Direct peers

• IDTechEx: Technology market research firm covering EVs, robotics, and emerging materials — directly comparable to Adamas on the demand-side intelligence (humanoid robots, EV motors, advanced air mobility) with similar subscription-based research.
• Benchmark Mineral Intelligence: Specialist intelligence firm focused on battery materials and critical minerals supply chains — the most direct competitor to Adamas in the lithium-ion/critical materials research niche with a similar subscription + consulting model.

Emerging players

• Rho Motion: Specialist EV and battery market intelligence provider with subscription products and consulting — an emerging direct competitor particularly on the EV demand-side research that complements Adamas's materials focus.

Others

• Adamas Finance Group (event arm): The conference subsidiary of Adamas Intelligence itself — included to note that the annual 'Rare Earth Mines, Magnets & Motors' event competes with sector conferences run by other intelligence firms and industry associations for the same ~300-stakeholder audience.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/adamasintel
• LinkedInlinkedin.com/company/adamas-intelligence

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Adamas Intelligence