USA Rare Earth picks South Carolina for $1.2 billion manufacturing facility
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USA Rare Earth Selects Cherokee County, South Carolina for New Rare Earth Metal and Magnet Manufacturing Operation
June 2, 2026 9:00 AM EDTBlacksburg facility expected to create about 490 high-skill, high-wage manufacturing jobs and significantly expand the Companys global mine to magnet value chain
By choosing South Carolina, USA Rare Earth is expected to have access to a robust incentives package including grants, tax credits and exemptions, a highly skilled advanced manufacturing workforce, and confirmed energy delivery to the new facility
Facility is expected to contribute to USARs planned domestic capacity of 10,000 metric tons per year of both magnets and heavy rare earth strip-cast, metal and alloy production, aligned with... More
