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MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation

Charged EVs

MARCH 11, 2024

MP Materials is in the enviable position of having a mine and processing facility already up and running in California, and it has big ambitions. Over 90% of the world’s rare earth magnets are produced in China, and there is virtually no scale capacity in North America today to produce rare earth magnets.

Supplies 103
Supplies Fort Worth Fuel Tax Credit 103
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MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation – Charged EVs

Baua Electric

MARCH 11, 2024

MP Materials is in the enviable position of having a mine and processing facility already up and running in California, and it has big ambitions. Over 90% of the world’s rare earth magnets are produced in China, and there is virtually no scale capacity in North America today to produce rare earth magnets.

Supplies 52
Supplies Fort Worth Charging Fuel 52
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