Latest Vulcan Elements News & Updates
See the latest news and media coverage for Vulcan Elements. We track all announcements, press releases, and industry mentions in real time, all in one place.
Manufacturer of rare earth magnets
vulcanelements.com- Founded year
- 2023
- Company type
- Private company
- Number of employees
- 50–200
Last updated
Latest news about Vulcan Elements
In short: Vulcan Elements acquired land and secured major financing to establish a $918 million rare-earth magnet manufacturing facility in North Carolina.
Company announcements
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Vulcan Elements signs MOU with Ucore
They collaborate to build domestic rare earth magnet supply chain. Ucore supplies oxides to Vulcan's North Carolina facilities starting 2027.
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Bloomberg podcast praises Vulcan Elements
It highlights Vulcan as a model for reclaiming the US rare earth magnet supply chain through technology, policy, and partners targeting national security.
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Vulcan Elements featured in CFR case study
Council on Foreign Relations highlights Vulcan as model for US to leapfrog China's critical minerals dominance via innovation.
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Vulcan Elements announces $1 billion commercial facility
It constructs a 1,000,000 sq ft Benson facility with 10,000 tonnes capacity, creating 1,000 jobs and partnering with federal agencies to reshape domestic magnet manufacturing.
Media coverage
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Vulcan woes will “absolutely” be a factor in Pentagon’s next rocket competition
The US Space Force is still dealing with the near-term implications of the second grounding of United Launch Alliance’s Vulcan rocket in less than two...
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Vulcan Elements pays $62M for Johnston County factory space - Triangle Business Journal
The Trump-backed company is behind plans for a $918 million, 1,000-job factory in Benson.
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Vulcan Elements buys land for $918M North Carolina plant
One of the largest economic development projects in the region has taken a major step forward.
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Manufacturer planning 1,000-job NC factory raises $430 million
Vulcan Elements is pushing to make a North Carolina site a hub for rare-earth magnets with big support from the Trump ...
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