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America’s Only Rare Earth Magnet Maker Just Landed GM

American automotive giant General Motors (GM) has signed a multi-year deal with Noveon Magnetics, the sole manufacturer of rare earth magnets in the United States, to secure a steady supply of these ...
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NC rare earth magnet maker picks Johnston County for $918 million, 1000-job plant

Vulcan Elements, a North Carolina startup determined to revitalize U.S. production of rare earth magnets, has chosen Johnston County as the site of its first major factory. The N.C. Department of ...
U.S. News & World Report

GM Signs Rare Earth Magnet Deal With Noveon Magnetics

(Reuters) -General Motors has entered into a multi-year deal under which Noveon Magnetics will supply rare earth magnets for use in components of the automaker's full-size SUVs and trucks, the magnet ...
Business Insider

Apple is investing $500 million in a US maker of rare earth magnets, and the company's stock is soaring

Apple is investing $500 million in MP Materials, a US producer of rare earth magnets. News of the deal sent MP Materials' stock price soaring more than 25% Tuesday. The move also sends a message to ...
The Business Journals

Manufacturer eyes North Carolina for expansion following $65M raise

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A rare-earth magnet maker in ...
Reuters

Rare earth prices hit two-year peak after MP Materials stops China shipments

LONDON/BEIJING, Aug 26 (Reuters) - Prices of two rare earth elements needed for super-strong magnets have surged to their highest in more than two years after U.S. miner MP Materials (MP.N), opens new ...