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GE Vernova Partners with U.S. to Combat Yttrium Shortage

12/10/2025

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Summary

Story summary

GE Vernova is partnering with the U.S. government to boost yttrium stockpiles amid shortages from China's export controls.
Scott Strazik, CEO of GE Vernova, stated the company has enough yttrium to last through 2025 and is exploring alternatives.
Strazik emphasized GE Vernova's proactive approach to inventory management.
China's yttrium export restrictions, implemented in April 2025 in response to U.S. tariffs, have driven prices up 4,400% from January to November 2025.

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Story summary

GE Vernova is partnering with the U.S. government to boost yttrium stockpiles amid shortages from China's export controls.
Scott Strazik, CEO of GE Vernova, stated the company has enough yttrium to last through 2025 and is exploring alternatives.
Strazik emphasized GE Vernova's proactive approach to inventory management.
China's yttrium export restrictions, implemented in April 2025 in response to U.S. tariffs, have driven prices up 4,400% from January to November 2025.