News
USA Rare Earth to invest $1. 2 B in South Carolina magnet factory
1+ hour, 38+ min ago (713+ words) The project is expected to create 490 jobs and will be supported by recently approved CHIPS Act funding. The U. S. government will become one of the company's largest shareholders. Founded in 2019, USA Rare Earth is focused on developing a domestic "mine-to-magnet" supply…...
Stakeholders urge Congress to improve EPA's strict critical minerals regulations
1+ mon, 1+ week ago (839+ words) Witnesses at a House environmental subcommittee hearing cited the department's strict oversight under TSCA and RCRA as contributing to supply chain issues. Witnesses told members of Congress that strict policies on critical minerals contribute to issues across the supply chain…...
Global metals manufacturers expanding into US via M&A
4+ mon, 1+ week ago (960+ words) Tariffs on metal imports and lucrative end markets are driving foreign corporations such as Nippon and Posco to acquire or invest in domestic assets. Experts anticipate momentum to continue in 2026. After a relatively slow year for mergers and acquisitions in…...
Apple, MP Materials sign $500 M magnet supply deal
10+ mon, 2+ week ago (284+ words) The two companies will build a series of manufacturing lines specifically designed for the electronics giant's products at MP's facility in Texas. Nearly all the rare-earth magnets in Apple devices are made of recycled material, according to the company." Once…...