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06 Jul

Stellantis moves to secure US rare earth supply with NioCorp agreement

Stellantis is eying a 10-year rare earth supply agreement with Colorado-based NioCorp, in a bid to develop a localised supply rare earth supply chain for its upcoming EV models, Kallanish learns. The companies announced on Thursday a term sheet envisioning a definitive agreement for a 10-year offtake contract of neodymium-praseodymium oxide, dysprosium oxide, and terbium oxide. Supply will come from NioCorp’s Elk Creek project in southeast Nebraska, subject…
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