USA Rare Earth breaks ground on $1.2B South Carolina facility

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Go back to USA Rare Earth breaks ground on $1.2B South Carolina facility

USA Rare Earth Breaks Ground on Advanced Rare Earth Metal and Magnet Manufacturing Facility in Blacksburg, South Carolina

September 9, 2026 10:00 AM EDT

Approximately $1.2 billion investment expected to create about 490 high-skill, high-wage manufacturing jobs in South Carolinas UpstateBlacksburg facility will serve as a cornerstone of USA Rare Earths domestic magnet manufacturing footprint and advance the Companys integrated mine-to-magnet value chainInvestment strengthens U.S. capacity to produce critical rare earth metals and magnets for defense, aerospace, semiconductors, energy and other advanced industries

BLACKSBURG, S.C., Sept. 09, 2026 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. (Nasdaq:... More