Samsung, TSMC: U.S. Invests Billions to Bolster Domestic Supply Chains
Chip makers will build new factories and expand existing ones in North America.
Chip makers will build new factories and expand existing ones in North America.
The $75 million facility will support other ongoing projects to diversify and bolster supply chains.
Kangankunde venture is now fully permitted for construction, mining, and processing.
The project is the first fully-integrated factory in the U.S. Production is set to start in 2025.
Government could block projects based on national security reasons. Foreign companies must give advance notice before investing in strategic sectors.
Belfast plant targeted to produce ten tons of oxides annually from recycled rare earth magnets.