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

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

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The ability to process HREEs alongside LREEs will enable MP Materials to extract and refine all rare earths required to manufacture high-performance permanent magnets. Mountain Pass is a closed loop, zero-discharge rare earth production facility with a dry tailings process that recycles more than one billion liters of water per year.

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GM and Glencore enter multi-year cobalt supply agreement

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The company will then expand into magnet manufacturing around 2025 at its new production facility in Fort Worth, Texas. The ore is then mixed with water to form a slurry for processing in the HPAL circuit. Alloy flakes with MP Materials, which will establish the first North American processing site for alloy flakes.

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

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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

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. Charged : Tell me a bit about the global market for rare earths.

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

Baua Electric

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. Charged : Tell me a bit about the global market for rare earths.