Under the partnership, Vulcan Elements will build and operate a 10,000-metric-ton magnet production facility in the U.S.

The U.S. Department of Commerce would receive a $50 million equity stake in RTP-based Vulcan Elements, which would produce up to 10,000 metric tons of the material in the next several years.

Vulcan Elements has struck a partnership with the U.S. government and ReElement Technologies to expand domestic rare earth magnet production, the latest effort to secure supplies of critical minerals ...

Niron Magnetics has broken ground on a new state-of-the-art 1,500-ton-per-year permanent magnet manufacturing facility in Sartell, Minnesota. After nearly a decade of research and development in ...

The two companies aim to reduce the industry’s dependence on Chinese supply chains. Posco Holdings, the South Korean steel and chemicals group, has signed a memorandum of understanding (MOU) with ...

Magnet makers face longer license reviews, sources say Scrutiny is similar to April, at height of U.S.-China trade war China's rare earth exports dropped 31% in September BEIJING, Oct 14 (Reuters) - ...

China controls roughly 80% of global rare earth magnet production and has recently tightened export controls, reshaping global supply dynamics. EU imports of Chinese magnets rose 21% in August, while ...

BEIJING (Reuters) -Chinese rare earth magnet companies have been facing tighter scrutiny on export license applications since September, sources say, even before Beijing's move last week to expand ...