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Processor of rare earth minerals for industrial magnets plans South Carolina facility

Feds recently awarded USA Rare Earth $1.6 billion to expand domestic production
The Mountain Pass mine in eastern California, owned by a rival company to USA Rare Earth, is the only rare earth mine in the U.S. (Creative Commons/Wikimedia)
The Mountain Pass mine in eastern California, owned by a rival company to USA Rare Earth, is the only rare earth mine in the U.S. (Creative Commons/Wikimedia)

An emerging industry that federal officials have deemed critical to national security has selected a site near Spartanburg, South Carolina, for a new manufacturing facility.

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