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(11) stories found containing 'mp materials'

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Rare earth elements China United States energy metals

A tale of two rare earth countries

Unique, remarkable, magical and irreplaceable are some of the adjectives uses to describe rare earths – a group of 17 elements with names most of us have never heard of but have seemingly... — Updated 7/1/2022

 
Mineral Commodity Summaries 2021 USGS United States Geological Survey REE

US critical mineral import reliance steady

The United States depends on foreign countries for more than 50% of its supply of 28 out of the 35 minerals, metals and groups of elements deemed critical to the nation's economic wellbeing and... — Updated 7/1/2022

 
MP Materials’ future rare earths magnet and alloys plant in Texas.

Texas rare earths magnet plant coming

By the end of next year, the powerful rare earth magnets vital to efficiently transform motion into electricity in wind turbines and electricity into motion in electric vehicles are expected to... — Updated 5/3/2022

 
MP Materials' future rare earths magnet facility in Texas.

GM secures American rare earth magnets

To secure a long-term domestic supply of the rare earths needed to build electric vehicles in North America, General Motors has entered into a binding agreement to buy REE materials and magnets... — Updated 4/22/2022

 
General Motors GM EV electric vehicles Ultium batteries battery Glencore cobalt

GM secures Aussie cobalt for batteries

In another deal to secure the raw materials it needs to produce enough Ultium batteries to power up to 1 million electric vehicles per year by 2025, General Motors struck a multi-year agreement... — Updated 4/12/2022

 
General Motors GM Canada EV electrical vehicle supply chain Ultium plant cathode

GM looks to Quebec for cathode plant

Adding to a growing list of deals to source the materials and components needed for its vision to get everybody in on its transition to an all-electric future, General Motors is working with... — Updated 3/8/2022

 
Teck Resources Alaska Red Dog zinc germanium critical minerals fiber optics

America's largest critical minerals mine

On Feb. 22, 2022, Teck Resources Ltd.'s Red Dog Mine in Northwest Alaska became the largest critical minerals operation in the United States, both in terms of quantity and value of the materials... — Updated 3/8/2022

 
DoD MP Materials Pentagon contract Mountain Pass California Mojave Desert REE

Pentagon invests in heavy rare earths

Part of a much larger critical minerals investment and strategy unveiled by the Biden administration on Feb. 22, the Pentagon has awarded MP Materials Corp. a $35 million contract to commercially... — Updated 3/1/2022

 
General Motors GM electrification EVs Detroit Michigan factory facility plant

GM investing $7B to build EV capacity

In its race toward becoming North America's electric vehicle market leader by 2025, General Motors Co. has unveiled plans to invest roughly $7 billion in new lithium-ion battery and EV... — Updated 2/8/2022

 
EV electric vehicle motor drive demand for REE magnets

EVs drive explosive REE magnet demand

Rare earths and battery metals market expert Adamas Intelligence forecasts that demand for the magnet rare earths – neodymium, praseodymium, and dysprosium – will falter slightly this year... — Updated 9/2/2020

 
rare earth elements technology metals high tech military power

Lynas moves forward on Texas REE plant

Australia-based rare earths producer Lynas Corporation Ltd. is moving ahead with a U.S.-based heavy rare earth separation facility in Texas. In April, the U.S. Department of Defense indicated that... — Updated 8/5/2020

 

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