TSX:EFROil and Gas
US-Made Rare Earth Magnets Could Be a Game Changer for Energy Fuels (TSX:EFR)
Energy Fuels announced that its high-purity neodymium-praseodymium oxide produced at the White Mesa Mill in Utah has been successfully manufactured into commercial-scale rare earth magnets by South Korea's largest EV drive unit motor core producer, passing all quality tests for major automakers globally.
This achievement marks a crucial step in establishing a China-independent, U.S.-anchored supply chain for rare earth materials essential to electric and hybrid vehicles.
We'll explore how...