GM signs deal with Noveon to curb dependence on Chinese rare earth minerals

17 hours ago 2

• Consumer

Althom

In an effort to secure the availability of rare earth minerals from domestic sources, General Motors signed a multi-year agreement with Texas-based Noveon Magnetics for rare earth magnets.

GM (NYSE:GM) also sources magnets from California-based MP Materials, and Germany’s Vacuumschmelze

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