But in 2021, GM formed a strategic alliance with MP Materials, which owns and operates a rare earth mine and processing facility in Mountain Pass, California, the only active and scaled rare earth ...

GM has signed a multi-year agreement with Noveon Magnetics, a Texas-based manufacturer of rare earth magnets for full-size ...

General Motors has entered into a multi-year deal under which Noveon Magnetics will supply rare earth magnets for use in ...

GM is looking to Niron Magnetics to help it eliminate problematic rare earth materials from its permanent magnet EV motors. Niron's "Clean Earth" magnets are claimed to be the only rare-earth-free ...

GM Ultium Platform: GM’s 255-kW, permanent magnet EV motor will be used for performance all-wheel drive and rear-wheel drive applications.

Rare earth elements are used to produce magnets with very high strength that also strongly resist demagnetization, their performance is key to modern motors such as those in electric vehicles (EVs)… ...

Here's where GM comes in. About four years ago, the automaker formed strategic alliances with two rare earth mineral processing companies to domestically source rare earth minerals and process ...

China controls the processing of rare earth minerals, crucial for car components and electronics. A potential shortage of these minerals threatens to disrupt vehicle production, similar to the chip ...

General Motors may have a slight advantage over its competitors — at least in the future — as the industry faces a possible shortage of rare-earth minerals used in a variety of car components.