The agreement marks the first at-scale recycling initiative focused on rare earth magnets in North America in the micromobility sector.
Traders are also closely monitoring potential new US import tariffs on copper.
Clarios is owned by global investment firm Brookfield and has 16 manufacturing and distribution centers across the US.
Drilling from 88 metres depth at the Oculto deposit returned 6 metres at 41.9 grams gold and 22 grams silver.
Under UK takeover rules, Dundee Precious Metals has until June 17 to make a formal offer for the UK-based miner or walk away.
Ivanhoe Mines sank nearly 9% in the morning session on the news.
The next phase for the Loma Larga project is securing the environmental license to allow construction to start by year-end.
Set in an underground mining environment, the state-of-the-art high reach scaler simulator creates a realistic environment for operators.
The mine, originally closed in 1983, has the capacity to produce 4.5 million tonnes of steelmaking coal annually and spans 2,800 hectares.
The decision comes after eight years of rigorous inter-agency federal permitting, and was the last federal permit required to progress towards construction.