The deal with Vulcan Elements and ReElement Technologies is a strong sign the Pentagon is intent on building a supply chain ...
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Trump administration pumps $1.4B into rare earth magnets
The Trump administration has unveiled a substantial $1.4 billion investment aimed at bolstering the domestic production of ...
Under the partnership, Vulcan Elements will build and operate a 10,000-metric-ton magnet production facility in the U.S.
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Trump administration and private investors sign off on $1.4 billion deal with rare earth startups
The Trump administration and private investors are partnering with two rare earth startups in a $1.4 billion deal to scale up ...
Federal agencies offering up hundreds of millions of dollars in subsidies and loans for U.S. companies aiming to produce rare earth magnets.
4don MSN
Vulcan Elements gets Trump administration backing in $1.4 billion deal for rare earths supply
In his second term, Trump has sought to strengthen the domestic supply of critical minerals and rare earth elements.
The funding will support the production of advanced rare earth element separation, metallization and magnet manufacturing capabilities in the United States.
This story has been updated to correct the amount of the loan to ReElement Technologies, which is $80 million. The Trump ...
China's exports of rare-earth magnets to the United States in June surged more than seven times from the prior month, as American firms clamor to get hold of the critical elements following a ...
Commercial NdPr Metal Production Begins at Independence, MP’s Fully Integrated Rare Earth Magnet Manufacturing Facility in Texas for the First Time in a Generation FORT WORTH, Texas--(BUSINESS ...
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