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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211209005637/en/ MP Materials (NYSE: MP) will develop a 200,000 sq. ft. greenfield metal, alloy and(…) Read More »

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