South Carolina Rare Earth Magnet Facility

operational capability with expansion potential

The South Carolina rare earth magnet facility is America's first domestic rare earth magnet production plant in 25 years. It focuses on neodymium-iron-boron (NdFeB) permanent magnet production, essential for various technology and defense applications. The facility was developed rapidly with permits approved in eight weeks and mobilized 800 workers during initial construction phases. It aims to reduce U.S. dependency on foreign rare earth magnet supply, particularly from China, and has expansion potential six to ten times larger than its current capacity.