MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation
Charged EVs
MARCH 11, 2024
In 2022, MP signed a long-term agreement with GM to supply US-sourced and manufactured rare earth materials, alloys and magnets. Rare earths are used in nickel metal hydride batteries, but not really to a significant extent in lithium-ion batteries. Charged : What about your deal with GM? And it has customers.
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