Mine to Magnet: Lynas and Noveon Join Forces for U.S. Supply Chain
Leading non-Chinese rare earth producer and U.S. magnet manufacturer announce partnership.
Leading non-Chinese rare earth producer and U.S. magnet manufacturer announce partnership.
The Pentagon is investing in a mining project in Alaska, securing a 10 percent share in Trilogy Metals. At the same time, the U.S. government has authorized the approval of a planned access road to the remote mining area.
Nova Minerals secures multi-million-dollar funding to advance its mining project. Antimony has both civilian and military applications.
Another step forward for Europe’s supply chains. Orano Group and CEA plan large-scale implementation by late 2026.
Reducing reliance on China: Defense Logistics Agency to source from Rio Tinto, the first North American producer of the rare-earth metal.
Supply chain synergies: The operator, Neo Performance Materials, is already active in the region with a rare earth refinery. The new magnet plant is backed by financial support from both Canada and the EU.