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US DOD awards MP Materials $35M heavy rare earth processing contract

Green Car Congress

has been awarded a $35-million contract through the US Department of Defense (DoD) Industrial Base Analysis and Sustainment Program to support the construction of a commercial scale processing facility for heavy rare earth elements (HREE) at Mountain Pass. MP Materials Corp. Earlier post.). Earlier post.). Earlier post.).

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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

Under the long-term agreement, MP Materials will supply US-sourced and manufactured rare earth materials, alloy and finished magnets for the electric motors used in the GMC HUMMER EV, Cadillac LYRIQ, Chevrolet Silverado EV and more than a dozen models using GM’s Ultium Platform, with a gradual production ramp that begins in 2023.

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Linear Labs closes $4.5M seed round to fund commercialization of new electric motor technology

Green Car Congress

The funding will be used to market the company’s electric motor—the Hunstable Electric Turbine (HET)—across the electric vehicle (EV) industry as well as the micro-mobility (scooters), robotics, wind turbine and heating, ventilation and air conditioning (HVAC) industries. —Brad Hunstable, CEO of Linear Labs.

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

Charged EVs

Permanent magnet motors are dominant in the EV industry, due to their superior efficiency. Recycling rare earth materials is vital to the cost-competitiveness of magnet manufacturing. 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.

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

Baua Electric

Permanent magnet motors are dominant in the EV industry, due to their superior efficiency. Recycling rare earth materials is vital to the cost-competitiveness of magnet manufacturing. 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.