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Rare earth magnet deal
Metal
GM Signs Rare Earth Magnet Deal With Noveon Magnetics
On Wednesday, Noveon Magnetics announced a multi-year agreement to supply General Motors (GM.N) with rare earth magnets for components used in its full-size SUV…
Metal
Apple in $500 Million Rare Earth Magnet Deal With MP to Expand US Supply Chain
On Tuesday, Apple (AAPL.O) announced a $500 million agreement with MP Materials (MP.N), a Las Vegas-based company operating the only rare earth mine in the Unit…