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Vulcan Elements Picks North Carolina Base for Rare Earths Plant
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Vulcan Elements Picks North Carolina Base for Rare Earths Plant
(Bloomberg) — Rare-earths startup Vulcan Elements announced it will use $1 billion of government funding and private capital to build a production facility in its home state of North Carolina, the latest step in a US push to break free of China’s grip over the industry. Once complete, the new million-square-foot production facility will be the largest magnet factory in the world outside of China, according to a statement today from the office of…
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