✉news TechnologyTechnology first seen 9 h ago, last 8 h ago, peak #22
VIVIFY and Evolution Metals Sign Hydrogen Power Deal for US Rare Earth Magnet Campus
Original: VIVIFY Technology and Evolution Metals & Technologies Sign Letter of Intent for Behind-the-Meter Hydrogen Power for EM&T's Planned U.S. Rare Earth Magnet Campus
VIVIFY Technology and Evolution Metals & Technologies have signed a letter of intent to develop behind-the-meter hydrogen power for EM&T's planned rare earth magnet manufacturing campus in the United States. The agreement would supply dedicated clean energy directly to the facility, supporting domestic production of rare earth magnets, a supply chain area of growing strategic importance to the US.
Why now: Domestic rare earth magnet production and hydrogen power are both high-interest strategic topics amid US supply chain concerns.
VIVIFY TechnologyEvolution Metals & TechnologiesUnited States
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Evidence
- VIVIFY Technology and Evolution Metals & Technologies Sign Letter of Intent for Behind-the-Meter Hydrogen Power for EM&T's Planned U.S. Rare Earth Magnet Campus · markets.businessinsider.com
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