BMW, Yamaha Invest in Rare Earths Startup
This is a Beijing news story, published by Yahoo Finance, that relates primarily to BMW news.
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rare earthsReuters
•BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
82% Informative
BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings .
Rare earths are a group of 17 metals used to make magnets that turn power into motion for electric vehicles, cell phones and other electronics.
Beijing has taken steps in recent months to curb exports of the strategic metals outside of China .
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