Meteoric Resources, an emerging player in the rare earths sector from Australia, has opened its Caldeira Rare Earth Project pilot plant in Minas Gerais, Brazil. The plant is located at Meteoric’s Innovation & Research Center in Poços de Caldas and represents an important step in the development of future operations of the project. […]
MP Materials Corp. (NYSE: MP) announced today that it will build its initial rare earth (RE) metal, alloy and magnet manufacturing facility in Fort Worth, Texas. The company also announced that it has entered a binding, long-term agreement with General Motors (NYSE: GM) to supply U.S.-sourced and manufactured rare earth materials, alloy and finished magnets for the electric motors in more than a dozen models using GM’s Ultium Platform, with a gradual production ramp that begins in 2023. […]
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