MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation
Charged EVs
MARCH 11, 2024
Matt Sloustcher: If you read the EV Tax Credit legislation, the sourcing restrictions on critical minerals are limited to the battery system. Rare earths are used in nickel metal hydride batteries, but not really to a significant extent in lithium-ion batteries. Cerium products can be used for water treatment.
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