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Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas.
Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. The world's two biggest rare earths companies outside of China are facing challenges...
MP Materials and Lynas, the world's two largest rare earths companies after China, are struggling to refine its metals into magnets used in renewable energy technology. A dozen consultants, executives, investors and industry analysts say technical complexities, partnership strains, and pollution issues hinder the companies' ability to capture market share from China, which controls 87% of refining capacity globally.
Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas.The world's two biggest rare earths companies outside of China are facing challenges turning rock from their mines into the building blocks for magnets used across the global economy, from Apple's iPhone to Tesla
/PRNewswire/ -- Locus Fermentation Solutions (Locus FS), a green tech company that produces biological alternatives to chemicals that advance decarbonization...