USA: GM Signs Supply Deal with Domestic Magnet Manufacturer
Partnership with Noveon aims to secure the supply of rare earth magnets for combustion engines.
USA: GM Signs Supply Deal with Domestic Magnet Manufacturer
Economy
Australia’s Iluka to Source Rare Earth Feedstock from Malawi
Australia’s Iluka to Source Rare Earth Feedstock from Malawi
Partnership with Lindian Resources involves a 15-year offtake agreement and a construction loan for the project in the Southeastern African country.
Rare Earth Magnets: Europe’s Wind Industry Aims to Cut Reliance on China
Rare Earth Magnets: Europe’s Wind Industry Aims to Cut Reliance on China
50 percent from alternative sources by 2035: Wind energy sector and the Federal Ministry for Economic Affairs and Energy present a resilience roadmap.
U.S. DoD Invests $10 Million to Boost Domestic Scandium Production
U.S. DoD Invests $10 Million to Boost Domestic Scandium Production
NioCorp subsidiary awarded funding to advance the Elk Creek project in Nebraska.
Roundup – Critical Raw Materials News of Week 31
Roundup – Critical Raw Materials News of Week 31
A relatively quiet final week of July still brought some unexpected action in the PGM sector.
Rhodium Price Jumps 35% in July on Tight Supply
Rhodium Price Jumps 35% in July on Tight Supply
FOMO, supply deficits, and a dynamic automotive sector drive the price surge of the platinum group metal.