What is the latest status of the project “Boiler Maker Rare Earth-to-Magnet Complex”?

The status recorded for “Boiler Maker Rare Earth-to-Magnet Complex” is planned.

What is the budget and commercial profile for the project “Boiler Maker Rare Earth-to-Magnet Complex”?

Taiyo normalizes the budget of “Boiler Maker Rare Earth-to-Magnet Complex” to USD 200000000.

Where can I verify the source and access all details for “Boiler Maker Rare Earth-to-Magnet Complex”?

This Taiyo project page references Chosunbiz along with the original URL (https://biz.chosun.com/en/en-industry/2026/05/22/HBAJCQSNEBCIZNANH2ZW3I2OFQ/). Taiyo standardizes official data into a consistent, searchable project profile.

Boiler Maker Rare Earth-to-Magnet Complex

Sector: Chemical (Industrial) • Location: United States

Source: Chosunbiz

Project

Planned

POSCO International and ReElement Technologies Corporation signed an agreement to establish a joint venture to build a rare earth plant in the United States. The plant will have an annual capacity of 6,000 tons and will produce rare earth oxides and permanent magnets, aiming to diversify the global rare earth supply chain and strengthen Korea-US industrial cooperation.

Status: Prospective
Sector: Chemical (Industrial), Warehouse, Manufacturing (Industrial)
Location: United States of America
Updated: 22 Jul 2026
Source: Chosunbiz

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Project Information

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The project “Boiler Maker Rare Earth-to-Magnet Complex” is an infrastructure initiative in the Chemical (Industrial) sector, located in United States. Taiyo aggregates data on it from Chosunbiz.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	POSCO International and ReElement Technologies Corporation signed an agreement to establish a joint venture to build a rare earth plant in the United States. The plant will have an annual capacity of 6,000 tons and will produce rare earth oxides and permanent magnets, aiming to diversify the global rare earth supply chain and strengthen Korea-US industrial cooperation.
Original sector	Industry
Budget

Location

Country

United States of America (USA)

Source

Source	Chosunbiz
URL

More Details

Record type	Project
Sector	Chemical (Industrial), Warehouse, Manufacturing (Industrial)
Article published date	2026-05-24

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Boiler Maker Rare Earth-to-Magnet Complex

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