GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US
Green Car Congress
DECEMBER 10, 2021
General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. —Shilpan Amin, GM vice president, Global Purchasing and Supply Chain. MP Materials is the largest producer of rare earth materials in the Western Hemisphere.
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