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GM and Glencore enter multi-year cobalt supply agreement

Green Car Congress

By the end of 2025, GM plans to have capacity to build 1 million electric vehicles in North America, and has announced a series of actions to create a new and more secure EV supply chain, including projects targeting key EV materials and components: Cathode Active Material (CAM) with POSCO Chemical.

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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

Green Car Congress

MP Materials owns and operates the Mountain Pass rare earth mine and processing facility in California, the only active and scaled rare earth production site in America. Our work with MP Materials is another bold step forward that will help ensure that we meet our goal to lead the EV industry in North America in more than just sales.

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

Charged EVs

What’s more, the company is developing a facility in Fort Worth, Texas where it plans to manufacture alloys and magnets from Mountain Pass materials. 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.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

The project will deploy refueling stations and alternative fuel vehicles in the Dallas-Fort Worth area. Hunt LNG Truck Project: Made in America Initiative. A CNG fueling station will be constructed at 2 of the recipient’s, Allied Waste, locations. Total DOE award: $10,125,000. San Bernardino Associated Governments’ J.B.

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

Baua Electric

What’s more, the company is developing a facility in Fort Worth, Texas where it plans to manufacture alloys and magnets from Mountain Pass materials. 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.