A miner and processor of rare earth metals started construction on a $1.2 billion plant in Upstate South Carolina to make industrial magnets used in battery energy storage systems.
Rare earth metals miner, processor to build $1.2 billion South Carolina plant
USA Rare Earth to make industrial magnets used in data center products, defense sector
By Andy Peters
CoStar NewsSeptember 10, 2026 | 9:07 P.M.
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IN THIS ARTICLE
- Properties
- 998 Blacksburg Highway
998 Blacksburg Hwy, Blacksburg, SC
- Companies
- Trammell Crow Company
Construction
- Clark Construction Group
Construction
- Frampton Construction
Construction
- Contacts
- Sebastian Arrivillaga
Senior Vice President, Cresa
- Sam Heiber
Principal, Cresa
- Thomas Birnbach
President, Vice Chairman, Cresa