# Micron backs critical-materials processing expansion in New York > Micron announced strategic funding on 20 October to enable Indium Corporation to expand refining and manufacturing operations in Rome, New York. The amount was not disclosed. The companies plan a long-term supply agreement giving Micron access to high-purity materials. - Canonical URL: https://newsverum.com/en/news/micron-funds-indium-corporation-critical-materials-expansion-new-york - Publisher: Newsverum - Section: Technology - Country: United States - Published: 2026-10-21T00:44:02+00:00 - Updated: 2026-10-21T00:44:02+00:00 - Event / data period: 2026-10-20 - Other editions: [Türkçe](https://newsverum.com/tr/news/micron-funds-indium-corporation-critical-materials-expansion-new-york.md), [العربية](https://newsverum.com/ar/news/micron-funds-indium-corporation-critical-materials-expansion-new-york.md), [Français](https://newsverum.com/fr/news/micron-funds-indium-corporation-critical-materials-expansion-new-york.md), [Español](https://newsverum.com/es/news/micron-funds-indium-corporation-critical-materials-expansion-new-york.md), [Deutsch](https://newsverum.com/de/news/micron-funds-indium-corporation-critical-materials-expansion-new-york.md), [Português](https://newsverum.com/pt/news/micron-funds-indium-corporation-critical-materials-expansion-new-york.md) Indium Corporation processes materials including indium, gallium, germanium and tin for electronics and semiconductor industries. Micron says the expansion is expected to restart domestic processing of critical minerals used in advanced chip manufacturing. Micron’s announced support is part of its U.S. supply-chain plan, announced in July, with investment of up to $3 billion across the ecosystem. The $3 billion is not the amount committed to Indium Corporation in this announcement. ## Data ### Micron backs critical-materials processing expansion in New York Methodology: Event and scope as stated in the official release. | date | label | description | status | |---|---|---|---| | 2026-10-20 | Micron does not disclose funding amount | Micron announced strategic funding on 20 October to enable Indium Corporation to expand refining and manufacturing operations in Rome, New York. The amount was not disclosed. The companies plan a long-term supply agreement giving Micron access to high-purity materials. | occurred | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/micron-funds-indium-corporation-critical-materials-expansion-new-york/data/announcement?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/micron-funds-indium-corporation-critical-materials-expansion-new-york/data/announcement?lang=en&format=csv) ### Micron’s broader U.S. supply-chain plan USD 3 billion is the ceiling for the broader ecosystem plan announced in July; the Indium Corporation investment was not disclosed. Methodology: Figures are transcribed with the scope and qualifiers stated by the source. No conversion or independent forecast has been made. | Indicator | Value | |---|---| | Ceiling for the overall U.S. supply-chain plan | 3 | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/micron-funds-indium-corporation-critical-materials-expansion-new-york/data/micron-broader-plan-ceiling?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/micron-funds-indium-corporation-critical-materials-expansion-new-york/data/micron-broader-plan-ceiling?lang=en&format=csv) ## Sources - [Micron Technology]() (Source checked: 2026-10-21; Published: 2026-10-20) --- Cite the canonical URL above. [Editorial standards and corrections](https://newsverum.com/en/editorial)