USA Rare Earth Announces $1.2 Billion Facility in South Carolina

USA Rare Earth plans to invest $1.2 billion in a magnet manufacturing and rare earth metals facility in Cherokee County, South Carolina. The project aims to expand domestic production of sintered NdFeB permanent magnets.

By Carl Surran, SA News Editor · Seeking Alpha · June 2, 2026, 14:41 UTC

USA Rare Earth Announces $1.2 Billion Facility in South Carolina

Tickers: $USAR

Topics: Infrastructure Manufacturing Rare Earth Metals

Read the full article at Seeking Alpha

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