Wyoming Rare Earth Processing Plant

under construction

Wyoming's rare earth plant development aims to establish a domestic rare earth processing hub to reduce U.S. dependency on foreign supply chains, particularly Asian-dominated networks. The project includes the Bear Lodge deposits and the Upton processing facility, located approximately 30 miles apart, enabling operational efficiencies. The Upton demonstration plant focuses on producing high-purity neodymium-praseodymium oxide for critical markets such as electric vehicles, wind turbines, defense systems, and medical technology. The project benefits from federal support including the FAST-41 permitting program, Export-Import Bank loan facility, and Department of Energy cost-share increases to offset construction inflation. The development is positioned as a strategic initiative for U.S. supply chain independence in critical minerals.