USA Rare Earth acquires US rare earth permanent magnet manufacturing capability from Hitachi; mine-to-magnet

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By mmillikinApr 15, 2020, 5:30 am479 ptsHot
USA Rare Earth, LLC, the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project in West Texas, has purchased the neodymium iron boron (NdFeB) permanent magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America, Ltd. Demand for…

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