By Shane Lasley
Metal Tech News
USA Rare Earth adds magnet equipment
Key element of a mines-to-magnets strategy planned for Texas Metal Tech News Weekly Edition – April 8, 2020
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Last updated 7/10/2022 at 2:31pm
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Neodymium-iron-boron magnets are used in electric vehicle motors, wind turbine generators, smartphones, medical imaging devises, and a multitude of defense and aerospace applications. USA Rare Metals' purchase of equipment to produce these powerful magnets is a key piece to the company's U.S.-based mines-to-magnets strategy.
USA Rare Earth LLC has acquired state-of-the-art neodymium-iron-boron permanent magnet manufacturing equipment, another key piece to the company's strategy to establish a complete rare earths mines-to-magnets supply chain in the United States.
New York-based USA Rare Earth has already made major headway toward this objective as the funding and development partner at Round Top, a rare earth and...
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