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In 1958, it became owned by American Potash and Chemical Company (AMPOT), [11] which at one point had a 'Lindsay Chemical Division.' [4] In 1967, AMPOT, and thus the facility, were bought by Kerr-McGee. The Rare Earths Facility were closed by Kerr-McGee in 1973.
MP Materials CEO James Litinksy joins Yahoo Finance Live to discuss the rare-earth materials company's deal with General Motors (GM) to manufacture magnets needed for EV engines and the supply ...
MP Materials produced 28,000 tonnes of rare-earth oxide equivalent from Mountain Pass in 2019, and 38,500 tonnes in 2020, or more than 15% of global production. [4] As of late 2020, Shenghe Resources was the sole purchaser of MP Material's rare earth concentrate.
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Start-up tech firms are racing to transform the way rare earths are refined for the clean energy transition, a push aimed at turbocharging the West's expansion into the niche sector that underpins ...
Michael Nathan Silver (born May 10, 1955) is a business executive, philanthropist, art collector, and commentator. He is the founder and CEO of American Elements, [2] a global high-technology materials manufacturer.
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The Mountain Pass Rare Earth Mine and Processing Facility, owned by MP Materials, is an open-pit mine of rare-earth elements on the south flank of the Clark Mountain Range in California, 53 miles (85 km) southwest of Las Vegas, Nevada. In 2020 the mine supplied 15.8% of the world's rare-earth production.