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GM and Glencore enter multi-year cobalt supply agreement

Green Car Congress

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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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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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. MP Materials aims to establish all three stages in the US. And it has customers.

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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. MP Materials aims to establish all three stages in the US. And it has customers.