Vulcan Elements Rare Earth Magnet Manufacturing Facility Expansion
Sector: Manufacturing (Industrial) • Location: Benson, North Carolina, United States
Source: Stock Titan
Vulcan Elements is expanding its magnet manufacturing facility in Benson, North Carolina, to a 10,000 metric tonne capacity rare earth magnet factory. This expansion is enabled by a $1.4 billion partnership with the United States Government and aims to build the largest rare earth magnet factory outside of China.
- Status
- Under Construction
- Sector
- Manufacturing (Industrial), Government
- Location
- Benson, North Carolina, United States of America
- Updated
- 22 Jul 2026
- Source
- Stock Titan
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Vulcan Elements is expanding its magnet manufacturing facility in Benson, North Carolina, to a 10,000 metric tonne capacity rare earth magnet factory. This expansion is enabled by a $1.4 billion partnership with the United States Government and aims to build the largest rare earth magnet factory outside of China. |
Original sector | Manufacturing |
Budget |
Location
Country | United States of America (USA) |
State | North Carolina |
City | Benson |
Source
Source | Stock Titan |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Government |
Article published date | 2026-03-27 |
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