GE Vernova working with US government to boost stocks of rare earth yttrium

Core Insights - GE Vernova is collaborating with the U.S. government to enhance its stockpiles of yttrium, a rare earth element, in response to China's export controls that are causing shortages in critical sectors such as energy, aerospace, and semiconductors [1] Company Summary - GE Vernova is actively working to secure more yttrium supplies to mitigate the impact of supply chain disruptions caused by geopolitical factors [1] Industry Summary - The energy, aerospace, and semiconductor industries are facing significant challenges due to shortages of yttrium, highlighting the importance of securing rare earth elements for technological and industrial applications [1]