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    SHA — Schaeffler AG News Story

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    Brief: Schaeffler and GKN Powder Metallurgy Sign Memorandum of Understanding For Magnet Supply Chain

    Picture of Schaeffler AG logoSchaeffler AG
    18/10/2023 06:23
    Oct 18 (Reuters) - SCHAEFFLER AG SHA_p.DE :
    * GKN POWDER METALLURGY AND SCHAEFFLER AIM TO JOINTLY
ADVANCE THE
DEVELOPMENT OF PERMANENT MAGNETS FOR ELECTRIC MOTORS
    * SCHAEFFLER HAS SIGNED A MEMORANDUM OF UNDERSTANDING WITH
GKN
POWDER METALLURGY TO SUPPLY PERMANENT MAGNETS FOR EUROPEAN AND
NORTH AMERICAN MARKETS

        
 Further company coverage:  SHA_p.DE  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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