Stellantis and NioCorp sign rare earth offtake term sheet; possible strategic investment by Stellantis
Green Car Congress
JULY 7, 2023
The objective is to enter into a definitive rare earth supply agreement to support Stellantis’ commitment to build resilient supply chains and reach carbon net zero by 2038 and to help accelerate NioCorp’s path to commercial production of magnetic rare earth oxides in the US. For example, between $1.0-$1.5
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