Proud to partner with @ucore to build an integrated rare earth magnet supply chain in the United States. Beginning this year, Ucore will supply Vulcan with light and heavy rare earths, leading to a long-term commercial supply agreement starting in 2027. Ucore intends to make a portion of its Louisiana Strategic Metals Complex capacity available to Vulcan. Vulcan is restoring the rare earth ecosystem and securing American magnet independence. 100% of Vulcan's material and equipment is sourced from the United States and its core allies, ensuring that America has an independent and resilient supply chain for the most critical commercial technologies and for our national security. As Vulcan's CEO @_JohnMaslin put it: “Since its inception, Vulcan Elements’ mission has been to build a domestic rare earth magnet supply chain that can propel America into the 21st century and enable the next era of innovation and national security. Vulcan’s partnership with Ucore is a milestone for both companies, and for the United States of America. Together, we’re rebuilding a core industry that is critical for economic growth and national security.”

Thank you @DoWCTO and @DeptofWar for partnering with us to restore American industrial dominance and deliver the magnets that will define the next generation of economic dynamism and national security 🇺🇸🧲

Vulcan Elements is excited to announce that it has selected Benson, North Carolina, as the location for its $1 billion rare earth magnet manufacturing facility. At its location in Benson, Vulcan Elements will expand to 10,000 metric tonnes of rare earth magnet manufacturing capacity and create 1,000 new American jobs—executing on the company’s $1.4 billion partnership with the United States Government announced on November 3, 2025. The facility will be a critical asset for the United States as it onshores the rare earth magnet industry and secures an essential supply chain for American economic dynamism and national security. “North Carolina is a natural home for Vulcan Elements’ next stage,” said Vulcan Elements CEO @_JohnMaslin. “We need to draw on world-class talent, innovation, and infrastructure as we secure one of the 21st century’s most important supply chains. As home to our current commercial facility, North Carolina has proven that it has all three. And as we create 1,000 new American jobs, we will tap into the region’s deep bench of experience across industries—from engineers and technicians who understand hardware and manufacturing to military veterans who have spent their careers managing complex supply chains, operating heavy machinery, and serving their country.” Vulcan Elements conducted an extensive multistate search for this facility over the course of the last year. The site selected in Benson meets all of Vulcan Elements’ requirements for 10,000 tonnes of magnet production, including size, power, and transportation. This announcement follows Vulcan Elements’ $1.4 billion partnership with the United States Government to build a 100% vertically-integrated, domestic magnet supply chain with the company’s upstream partner ReElement Technologies. As United States Secretary of Commerce @howardlutnick stated: “Our investment in Vulcan Elements will accelerate U.S. production of rare earth magnets for American manufacturers. We are laser-focused on bringing critical mineral and rare earth manufacturing back home, ensuring America’s supply chain is strong, secure and perfectly reliable.”