Micron Partners With Indium to Restart Critical Minerals Processing in New York

(AWP Alliance News) - Micron Technology will fund an expansion of Indium Corporation's refining and manufacturing operations in Rome, New York, to restart domestic processing of critical minerals used in semiconductor manufacturing. The partners will enter a long-term supply agreement giving the chipmaker access to high-purity minerals, reducing reliance on concentrated global refining capacity.

The investment is part of a plan announced in July to invest up to USD 3 billion in the U.S. semiconductor supply chain. It complements planned U.S. fab and technology spending of more than USD 250 billion through 2035.

http://www.globenewswire.com/newsroom/news.html?d=9849417

Disclaimer: This news brief was created using generative artificial intelligence. Micron Technology Inc. published the original content used to generate this news brief via GlobeNewswire on October 20, 2026, and is solely responsible for the information contained therein.