article thumbnail

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.

GM 221
article thumbnail

GM and Glencore enter multi-year cobalt supply agreement

Green Car Congress

Cobalt is an important metal in the production of EV batteries, and the cobalt processed from Australia will be used in GM’s Ultium battery cathodes, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ.

GM 459
article thumbnail

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

Charged EVs

There are three stages in the rare earth magnet production process: mining; separating and purifying the elements; and transforming the elements into metal alloys and magnets. 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.

Supplies 102
article thumbnail

US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

The project will deploy refueling stations and alternative fuel vehicles in the Dallas-Fort Worth area. A CNG fueling station will be constructed at 2 of the recipient’s, Allied Waste, locations. North Central Texas Council of Governments’ North Central Texas Alternative Fuel and Advanced Technology.

article thumbnail

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

Baua Electric

There are three stages in the rare earth magnet production process: mining; separating and purifying the elements; and transforming the elements into metal alloys and magnets. 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.