Vulcan Elements has selected Benson, North Carolina, as the location for its $1 billion rare earth magnet facility. At its ...
Vulcan Elements will build, commission, and operate a 10,000 metric tonne magnet facility in the United States. Vulcan Elements and ReElement Technologies will scale their 100% vertically-integrated, ...
The $918 million factory is projected create 1,000 jobs. Company officials and politicians say it is vital for national ...
ReElement will utilize its proprietary technology for rare-earth magnet recycling and ore purification to produce magnet-grade rare earth oxides to power Vulcan's fully-domestic magnet manufacturing ...
Under new MOU, Energy Fuels (UUUU) to supply Vulcan Elements with ex-China high-purity "light" and "heavy" rare earth oxides for production of rare earth permanent magnets in the United States, using ...
Officials are expected to consider economic incentives for a manufacturer that plans to expand near Benson. People familiar with the matter tell WRAL News that Vulcan Elements is at the center of the ...
WASHINGTON, Nov. 3, 2025 /PRNewswire/ -- Vulcan Elements is proud to announce a $1.4 billion partnership with the United States Government and ReElement Technologies to scale Vulcan Elements and ...