A company called USA Rare Earth LLC announced this week it will manufacture a type of magnet in Stillwater, using rare earth elements mined in Texas. At a news conference on Thursday, officials from ...

The investment in Texas-based Noveon comes as the U.S. pushes to develop domestic sources of a vital electronics component that China has under a chokehold.

SAN MARCOS, Texas (KXAN) — Magnets are going green in Central Texas. Noveon Magnetics celebrated its grand opening this summer, after opening its doors in 2020. The company manufactures permanent ...

America’s clean energy and defense ambitions now hinge on a tiny class of components: rare earth magnets that power everything from F-35 actuators to Tesla drive motors. USA Rare Earth is positioning ...

MP Materials is building a new permanent magnet factory in Alliance, part of greater Fort Worth, Texas. This is part of a $700 million investment to re-shore a critical but often overlooked part of ...

MP’s initial magnetics facility in Fort Worth, Texas, will source materials from Mountain Pass, California, restoring a fully integrated U.S. supply chain MP has entered a long-term agreement with ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A 1 million-square-foot factory ...

GM signed a binding agreement with German magnet maker Vacuumschmelze, calling for the latter to build a factory in North America. Vacuumschmelze’s facility will supply GM with rare earth permanent ...