GE Vernova and Washington join forces to boost strategic yttrium reserves
GE Vernova is working with the US government to increase its yttrium stockpiles, a critical metal now facing export restrictions from China, disrupting global industrial supply chains.
| Countries | Chine, États-Unis |
|---|---|
| Companies | GE Vernova |
| Sector | Métaux critiques |
| Theme | Politique & Géopolitique |
GE Vernova Chief Executive Officer Scott Strazik announced that the company is collaborating with the United States government to expand its strategic reserves of yttrium, a rare metal essential for gas turbine manufacturing. This partnership comes amid ongoing disruptions in the global rare earth market, following regulatory actions by China.
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