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U.S.-mined and processed rare earth elements have been successfully manufactured into permanent magnets for use in electric vehicles and hybrids.

This development represents a significant milestone in establishing a China-independent “mine-to-magnet” supply chain using rare earth oxides produced in the United States. The NdPr oxide has been qualified for use in high-temperature drive units installed in EVs and hybrid vehicles manufactured by major automotive companies across North America, Europe, Japan, and Korea.

“We are excited to announce that rare earth oxides mined, processed and produced in America are expected to be powering EVs and hybrids for sale around the world very soon, representing a major achievement in restoring domestic critical mineral supply chains,” said Mark S. Chalmers, CEO of Energy Fuels .