GM signs supplier agreements with MP Materials and Vacuumschmelze for rare earth magnets

General Motors announced supplier agreements with MP Materials and Germany's Vacuumschmelze (VAC) for rare earth permanent magnets. VAC plans to add U.S. capacity and begin production for GM by 2024.

“General Motors (NYSE: GM), has announced supplier agreements with both U.S. Based, MP Materials Corp. (NYSE: MP), and with Germany's Vacuumschmelze (VAC).”investornews.com

• 1 source
• investornews.comGeneral Motors engages with MP and Germany’s Vakuumschmelze for Rare Earth Permanent Magnets - InvestorNewsJack LiftonDec 10, 2021

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