USA Rare Earth secures magnet feedstock

Enters into agreement with ReElement for a domestic supply of rare earths for its magnet plant in Oklahoma.

In a move that will begin to establish a circular and domestic supply chain for the powerful magnets used in electric vehicle motors, USA Rare Earth LLC has signed a deal to buy ultra-pure rare earth elements (REE) produced from ReElement Technologies Corp.'s state-of-the-art rare earths and...