Louisiana Strategic Metals Complex and Vulcan Elements Rare Earth Magnet Supply Chain
One of 3 projects Taiyo tracks in Louisiana and North Carolina.
Source: Investing News Network
Ucore Rare Metals and Vulcan Elements have executed a Memorandum of Understanding to build a domestic, secure rare earth magnet supply chain for defense and commercial applications. Ucore will supply NdPr and Dy oxide samples to Vulcan, leading to a long-term commercial supply agreement starting in 2027. The project includes Ucore's Louisiana Strategic Metals Complex feeding Vulcan's North Carolin
- Status
- Prospective
- Sector
- Manufacturing (Industrial), Aerospace & Defense, Warehouse, Government, Commercial
- Location
- Alexandria and Benson, Louisiana and North Carolina, United States of America
- Updated
- 22 Jul 2026
- Source
- Investing News Network
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Project Information
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 | Ucore Rare Metals and Vulcan Elements have executed a Memorandum of Understanding to build a domestic, secure rare earth magnet supply chain for defense and commercial applications. Ucore will supply NdPr and Dy oxide samples to Vulcan, leading to a long-term commercial supply agreement starting in 2027. The project includes Ucore's Louisiana Strategic Metals Complex feeding Vulcan's North Carolina magnet manufacturing facilities. Vulcan is expanding its facility in Benson, North Carolina, enabled by a $1.4 billion partnership with the U.S. Government to build the largest rare earth magnet factory outside China. |
Original sector | Manufacturing |
Budget |
Location
Country | United States of America (USA) |
State | Louisiana and North Carolina |
City | Alexandria and Benson |
Source
Source | Investing News Network |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Aerospace & Defense, Warehouse, Government, Commercial |
Article published date | 2026-03-27 |
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