Mulberry Industries and Ramaco Resources have entered into a non-binding memorandum of understanding to strengthen America's domestic rare earth and permanent magnet supply chain.
Ramaco Resources will provide customized oxide blends including rare earth elements to Mulberry Industries for manufacturing advanced permanent magnets.
The partnership aims to reduce U.S. reliance on China for rare earth sourcing and enhance national security.
Partnership Details
Non-binding MOU between Mulberry Industries and Ramaco Resources for rare earth supply.
Impact on Supply Chain
Diversifying rare earth sourcing to ensure long-term supply chain freedom.
Technological Advancements
Utilizing advanced manufacturing techniques for efficient magnet production.
National Security Focus
Building a secure supply chain to strengthen America's economic and national security.
- The partnership with Ramaco Resources will enable Mulberry Industries to access domestically sourced rare earth elements for magnet production.
- Ramaco Resources' Brook Mine in Wyoming marks a significant development for rare earth and critical mineral mining in the United States.
- The collaboration between Mulberry Industries and Ramaco aims to establish a transparent and durable supply chain for U.S. innovators.
The partnership between Mulberry Industries and Ramaco Resources signifies a strategic step towards enhancing domestic rare earth sourcing and strengthening the U.S. supply chain for advanced technologies.