Materials/Manufacturing

Materials/Manufacturing

Magnets for Army Drones Mark 10th American Military Contract for Vulcan Elements

October 28, 2026 Editorial Staff 0

DURHAM, N.C., September 23, 2026 – Marking its tenth U.S. Department of War contract, Vulcan Elements announced its competitive selection by the U.S. Army to supply high-performance neodymium iron boron magnets for the Army’s drone initiative to produce small unmanned aircraft systems. The initiative is the Army’s vertically-integrated effort to produce small drones that aims to produce one million drones per year in the United States, at the Tobyhanna Army Depot in Pennsylvania. […]

Materials/Manufacturing

Lynas to Acquire Meteoric Resources for $672M, Locking in Giant Rare Earth Reserve in Brazil 

October 8, 2026 Editorial Staff Comments Off on Lynas to Acquire Meteoric Resources for $672M, Locking in Giant Rare Earth Reserve in Brazil 

Australian rare earth companies Lynas Rare Earths and Meteoric Resources have agreed to an approximately $672 million deal that will bring Meteoric’s giant reserve in Brazil into Lynas’ already extensive portfolio of rare earth mine […]

Materials/Manufacturing

Midstream Processing for Magnet Feedstock Focus of U.S. Department of War’s $500M Loan to Phoenix Tailings 

October 8, 2026 Editorial Staff Comments Off on Midstream Processing for Magnet Feedstock Focus of U.S. Department of War’s $500M Loan to Phoenix Tailings 

Citing midstream processing as the critical link in America’s rare earths supply chain, the U.S. Department of War’s Office of Strategic Capital is planning to loan $500 million to Phoenix Tailings that would back half the cost of a large new plant, to be named the Freedom Facility. The funds would anchor an approximately $1 billion comprehensive financing initiative aimed at rebuilding America’s rare earth industrial base. Plans call for the facility to process diverse feedstocks to produce light and heavy rare earth metals by creating a large-scale separation and metallization capacity capable of serving mines, recyclers, manufacturers and government entities. […]