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GM and Glencore enter multi-year cobalt supply agreement

Green Car Congress

Glencore and General Motors announced a multi-year sourcing agreement in which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia. The company will then expand into magnet manufacturing around 2025 at its new production facility in Fort Worth, Texas.

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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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General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. This strategic collaboration seeks to accelerate the restoration of the US rare earth supply chain at commercial scale with high resiliency and environmental sustainability.

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Rivian will build its next EV manufacturing plant in Georgia

Teslarati

“Building our recently announced second domestic manufacturing facility near Atlanta, Georgia (500,000 targeted annual production capacity with eventual co-located cell production),” Rivian listed in its list of achievements. million square feet of manufacturing space. Production is slated to begin in 2024.

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LG opens its first EV charging equipment factory in the U.S.

Teslarati

According to a press release shared by the company on Monday, LG has opened the EV charger plant in Fort Worth, Texas, set to eventually have an annual capacity of over 10,000 units. The news also came alongside a ribbon-cutting event featuring LG executives, Fort Worth Mayor Mattie Parker, and other local officials.

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GM and POSCO Chemical to process cathode active material at new $400M joint venture plant in Québec

Green Car Congress

The site’s construction will allow for future expansion opportunities as GM continues to pursue many potential future EV supply chain projects. GM and our supplier partners are creating a new, more secure and more sustainable ecosystem for EVs, built on a foundation of North American resources, technology and manufacturing expertise.

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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. Earlier post.). Earlier post.).

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HET motor company Linear Labs raises $6M in new funding

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Linear Labs has raised an additional $6 million in funding to further develop manufacturing capabilities and grow its employee base. million partnership with the City of Fort Worth, Texas, was announced, which includes an incentive package involving Linear Labs’ plans to develop an advanced manufacturing facility.

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