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UK startup AEM raises USD 29 mn to scale up rare earth, copper free EV motors, ET Auto - Vimarsana News

UK startup AEM raises USD 29 mn to scale up rare earth, copper free EV motors, ET Auto

The Series A funding round was led by Legal & General unit Legal & General Capital and Barclays Sustainable Impact Capital initiative that invests in climate startups, AEM said on Monday Based in Washington in England's industrial northeast, AEM already has a commercial rare earth free motor in use in electric buses and other vehicles in Europe, North America and Asia, CEO James Widmer said.

Quad Investors Network announces collaboration with Epsilon Advanced Materials of India, ET Auto - Vimarsana News

Quad Investors Network announces collaboration with Epsilon Advanced Materials of India, ET Auto

Epsilon Advanced Materials: The deal represents the first and largest investment ever made by an Indian company into the US electric battery industry and is expected to create 500 jobs in North Carolina, a press release said. "This investment promotes cooperation among Quad countries in securing the global supply chain for critical minerals. We are excited to have collaborated with them in this significant achievement and look forward to their success," said Karl Mehta, Chairman of the Quad Investors Network (QUIN).

NMG Provides Quarterly Update: Changing Market Dynamics and Intensified Commercial Negotiations Underpin Phase-2 Growth - Vimarsana News

NMG Provides Quarterly Update: Changing Market Dynamics and Intensified Commercial Negotiations Underpin Phase-2 Growth

New market dynamics set favorable conditions for Nouveau Monde Graphite Inc. as the Company maintains operational, commercial and financing focus on advancing its development to the final-investment-decision stage for its Phase-2 commercial... - Veroeffentlicht am 09.11.2023

NMG partners with Pomerleau - Vimarsana News

NMG partners with Pomerleau

Nouveau Monde Graphite is partnering with Pomerleau for new development

Malaysia gives nod for Australian miner Lynas to import, process rare earths until March 2026, ET Auto - Vimarsana News

Malaysia gives nod for Australian miner Lynas to import, process rare earths until March 2026, ET Auto

Lynas: Rare earths are 17 minerals used to make products such as electric or hybrid vehicles, weapons, flat-screen TVs, mobile phones, mercury-vapor lights and camera lenses.