Mulberry, Ramaco to bolster domestic RE supply

Permanent magnet manufacturer Mulberry Industries and miner Ramaco Resources have entered into a non-binding memorandum of understanding to negotiate an offtake partnership that will bolster America’s domestic rare earth and permanent magnet supply chain. Under the MoU, Ramaco will negotiate an agreement to provide Mulberry, on a non-exclusive basis, with customized oxide blends containing the rare earth elements samarium, NdPr,…

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