New plants, new defense orders, new capital, and a domestic magnet chain that is closing link by link. Pearl River reads the market and puts the signal here.
The four oxides that drive magnet cost, from a published bulk benchmark, converted to US dollars per kilogram.
Small print. These figures are indicative and not standard pricing. They are a published bulk benchmark (100ppi) converted to US dollars per kilogram at 6.7115 yuan per US dollar. The publisher does not state a tax or delivery basis, and actual transaction prices vary by grade, purity, volume and terms. Terbium is the Sep 30 read; the others are Oct 1. Change is the publisher's stated comparison with the start of the month (Sep 1); terbium shows the publisher's day change. Bars use a log scale so all four fit one row. For reference only, not an offer or a quote.
The service chose a US producer to supply neodymium iron boron magnets for brushless motors in its stateside small-drone program. The maker called it its tenth Defense Department contract.
Selected for momentum: capacity, capital, and demand for American-made material.
Series A financing includes $65 million in US government equity. The plant is designed to make 10,000 tonnes a year of high-purity iron, roughly 70 percent of a NdFeB magnet by weight.
A sintered NdFeB maker in San Marcos turns recovered magnet material into precision parts for industrial buyers, with new expansion capital behind it.
An Austin firm won a Defense Logistics Agency research contract to recover high-purity scandium from industrial byproducts, aimed at aerospace alloys and fuel cells.
A Texas magnet plant has delivered its first magnets to a major US automaker, where prototypes are now being tested for electric vehicles. At full capacity the plant is planned to turn out more than a million magnets a day.
A US magnet maker started construction of a major South Carolina facility, backed by private capital and a government commitment.
Finished American magnets are shipping into vehicles and defense programs, not just announced.
Private and public money is funding every link from feedstock to finished part.
As the chain grows, buyers who can prove grade, lot and lead time move first. That is our work.
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