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USA Rare Earth |
USAR to supply 20t/year of sintered neodymium magnets from Stillwater facility
USA Rare Earth (USAR) has partnered with StudBuddy to produce neodymium magnets in the US, aiming to strengthen the domestic rare earth supply chain. Under a potential multiyear agreement, USAR will deliver approximately 20 metric tonnes per year of finished sintered neodymium magnets.
New Oklahoma facility supports vertical integration strategy
USAR is building a 310,000 ft² neodymium magnet manufacturing plant in Stillwater, Oklahoma, as part of its vertically integrated production strategy. In March, the company launched its Advanced Innovation Lab on-site and will begin prototyping magnets in the second quarter. The facility positions the US to reduce reliance on imported magnets, especially from China.
StudBuddy, a manufacturer committed to domestic sourcing, expressed its support for the partnership. "We have done all we can, despite increased costs and supply challenges, to source components from and produce our products in the US," said Weston Bernsen, Vice President of StudBuddy.
US magnet independence aligns with critical mineral policy
The USAR-StudBuddy collaboration reinforces broader national efforts to restore critical mineral manufacturing capacity. Neodymium magnets are essential for electric vehicles, wind turbines, and defense systems. Domestic production not only secures supply but supports job creation and technology innovation in the clean tech sector.
The Metalnomist Commentary
This partnership marks a pivotal step in reshoring magnet manufacturing. By investing in a vertically integrated facility, USAR is addressing one of America's most vulnerable critical mineral dependencies with a long-term solution.
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