Vulcan Elements enters US rare earth magnet manufacturing race

URLhttps://www.mining.com/vulcan-elements-enters-us-r
SourceMining.com
Date Published08/22/2025
Author NameAmanda Stutt

Additional Reshoring Information:

Company/Division name Vulcan Elements with ReElement Technologies
Parent companyVulcan Elements with ReElement Technologies
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):65
City reshored to:Durham
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredneodymium iron boron magnets
What domestic positive factors made reshoring more attractive?Eco-system synergies
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