USA Rare Earth Selects Cherokee County, South Carolina for New Rare Earth Metal and Magnet Manufacturing Operation
USA Rare Earth has selected Cherokee County, South Carolina, for a new magnet manufacturing and rare earth metals operation, expected to create approximately 490 high-wage jobs. This $1.2 billion investment will expand the company's domestic production capacity of neodymium-iron-boron permanent magnets and heavy rare earth metals to 10,000 metric t…