While rare earth elements are “essential ingredients for our modern lives,” up to 82% of rare earth elements are imported from other countries, notes Aaron Noble, Virginia Tech professor and head of the Department of Mining and Minerals Engineering and interim head of the Department of Materials Science and Engineering. Why are these rare earth elements so critical to modern…
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A moment in time for rare earths
It seems like the topic of rare earth elements has been buzzing at its peak for a while now. While some of that conversation has come from the government via regulatory chatter and the “we-said, they-said” of what the future supply chain will look like – and cost – the tone has changed significantly in the past several months following…
Read MoreMP Materials partners with Apple on recycled RE magnets
MP Materials has entered a definitive, long-term agreement to supply Apple with rare earth magnets manufactured in the United States entirely from recycled materials, supporting American manufacturing and circular supply chains. “We are proud to partner with Apple to launch MP’s recycling platform and scale up our magnetics business,” said James Litinsky, founder, chairman and CEO of MP Materials. “This…
Read MoreMP Materials, DoD to accelerate rare earth independence
MP Materials has entered into a transformational public-private partnership with the United States Department of Defense to dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency. As part of the deal, the DoD is positioned to become the largest shareholder in MP Materials after agreeing to purchase $400 million of a newly…
Read MoreState of the REE industry
North American Mining reviews the current state and recent developments in the North American rare earth elements industry, highlighting its potential for growth and innovation. By Jonathan Rowland Rare earth elements (REEs) are a set of 17 metallic elements that are essential components in more than 200 products across a wide range of applications, especially in high-tech consumer products, such…
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