Hertha Metals raises $133m to build iron plant in US

URLhttps://www.mining-technology.com/news/hertha-meta
SourceMining Technology
Date Published09/30/2026

Additional Reshoring Information:

Company/Division name Hertha Metals
Parent companyHertha Metals
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2026
Domestically, the work will be done:In-house
Capital investment ($):133.65
City reshored to:Conroe
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredhigh-purity iron for rare earth metals
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:65,000,000
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