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The Detroit automaker signed an agreement with Redwood Materials to turn new and used EV batteries into storage systems to ...
Apple Inc. has struck a $500 million deal to buy rare-earth minerals from MP Materials Corp., the US producer that just last ...
MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest ...
Magnet shipments from the MP Materials facility in Fort Worth, Texas are expected to begin in 2027 and ramp up to support ...
Modern Engineering Marvels on MSN2d
Pentagon’s Rare-Earth Bet Redraws the Global Magnet Supply Chain and Challenges China’s GripThe F-35 fighter jet contains over 900 pounds of rare earth elements.” This alarming statistic, cited by the Center for ...
MP Materials’ goal to become a national rare-earths “champion” that can go toe-to-toe with China was turbocharged by Pentagon investment and an Apple deal. But its journey there highlights the hurdles ...
Slight changes to the big policy bill left the factory’s tax credits intact, according to the carmaker, which will use the ...
Ford has agreed to a job protection scheme at its Cologne plant covering over 10,000 workers, with voluntary redundancies ...
After months of political back-and-forth, Ford’s $3B battery plant in Marshall, Michigan, is officially back on track to ...
A $150 million proposal from Chicago-based Bridge Industrial calls for switching the site to warehouses or light manufacturing, a throwback to its earlier incarnation.
Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States,” said Apple Chief Executive ...
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