MP Materials will build a $1.25 billion facility in Northlake, creating more than 1,500 jobs. The U.S. Defense Department-backed project aims to expand domestic production and reduce U.S. reliance on ...

Vulcan Elements, a North Carolina startup determined to revitalize U.S. production of rare earth magnets, has chosen Johnston County as the site of its first major factory. The N.C. Department of ...

Prices of two key rare earths used in high-strength magnets have jumped to the highest point in 2 years after US-based miner MP Materials halted exports of raw materials to China, the world’s top ...

(Reuters) -General Motors has entered into a multi-year deal under which Noveon Magnetics will supply rare earth magnets for use in components of the automaker's full-size SUVs and trucks, the magnet ...

French chemical company Solvay (OTCPK:SVYSF) (OTCPK:SLVYY) reached two agreements to supply rare earth oxides to U.S. magnet makers Noveon Magnetics and Permag, Reuters reported Wednesday; financial ...

Aug 3 (Reuters) - Australian Strategic Materials ASM.AX said on Thursday it had signed a five-year agreement to supply neodymium iron boron (NdFeB) alloy from its Korean Metals Plant to magnet maker ...

Detroit — The venture capital arms of General Motors Co. and Stellantis NV are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors ...