Geomega to recycle rare earths from USA Rare Earth’s anticipated neodymium magnet production

SourceGreen Congress
Date Published07/17/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Geomega Resources Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Country(ies) from which reshored:Canada
City reshored to:Sierra Blanca
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings), rare earth
Product(s) reshoredrare earth-containing production waste
What domestic positive factors made reshoring more attractive?Raw Materials Cost
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