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

Green Car Congress

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. The 200 series motors are also 1.7 The 200 series motors are also 1.7 The new capital comes shortly after Linear Labs’ $68.9

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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

General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. Neodymium-iron-boron (NdFeB) magnets are critical inputs that enable electric motors to transform electricity into motion.

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

Green Car Congress

It will also enable the company to recycle all recoverable rare earths from end-of-life magnets and magnet production scrap, increasing the resiliency and environmental sustainability of the domestic supply base. Earlier post.). Earlier post.). MP Materials’ operations provide certainty of US provenance and sustainability.

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

Green Car Congress

General Motors and POSCO Chemical are working with the governments of Canada and Québec to build a new $400-million facility in Bécancour, Québec, to produce cathode active material (CAM) for GM’s Ultium batteries, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ. Earlier post.)

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Rivian will build its next EV manufacturing plant in Georgia

Teslarati

However, Fort Worth, Texas, and an unconfirmed location in Georgia , likely to be East of Atlanta, were mentioned with the most enthusiasm. Georgia is already the home of the Kia Motors Manufacturing Georgia facility, which produces 360,000 cars per year and is comprised of 2.2 Waiting for Rivian announce their GA news ….

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Rivian’s 2nd plant most likely to land in Georgia, stock responds

Teslarati

Fort Worth, Texas was seemingly the front runner for the facility after the City’s Economic Development Department gave a presentation to City Council members that showed economic advantages to welcoming Rivian to the area. million square feet of manufacturing space.

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