MP Materials signs long-term supply agreement with General Motors

MP Materials entered a binding, long-term agreement with General Motors to supply U.S.-sourced and manufactured rare earth materials, alloy and finished magnets for electric motors in more than a dozen GM models using the Ultium Platform.

“MP has entered a long-term agreement with General Motors to supply U.S.-sourced and manufactured rare earth alloy and magnets to power more than a dozen models using GM's Ultium Platform.”businesswire.com

• 1 source
• businesswire.comMP Materials to Build U.S. Magnet Factory, Enters Long-Term Supply Agreement with General MotorsMEDIA CONTACTDec 9, 2021

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