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
Rare earth materials sourced from Mountain Pass will be transformed into metal, NdFeB alloy and magnets at a new production facility MP Materials today announced it will build in Fort Worth, Texas, delivering an end-to-end US supply chain. MP Materials is the largest producer of rare earth materials in the Western Hemisphere.
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