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SOLVAY SEALS TWO DEALS TO SUPPLY RARE EARTHS TO US MAGNET MAKERS

  • NEWS Desk Global
  • 1 hour ago
  • 1 min read

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Chemicals group Solvay has agreed two deals to supply rare earths to U.S. magnet makers as it seeks to ramp up its processing plant in France.

Solvay, one of a few companies outside of China capable of the complex rare earths separation, in April launched modest processing of minerals needed for permanent magnets at its French plant, but said commercial production would depend on support from customers and governments.

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