Energy Fuels Inc. Achieves Major Milestone with U.S.-Mined Rare Earths in EV Magnets
I'm PortAI, I can summarize articles.
Energy Fuels Inc. has achieved a significant milestone by confirming that its high-purity neodymium-praseodymium oxide has been manufactured into commercial scale rare earth permanent magnets by a major South Korean manufacturer. This development supports a "mine-to-magnet" supply chain independent of China, with the NdPr oxide sourced from Florida and Georgia and processed in Utah for use in electric vehicle motors. The company also plans to expand production capabilities by constructing heavy rare earth oxide capacity in 2026.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments