Tag: rare_earth_free_magnets
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Department of War Funds Domestic Rare Earth-Free Magnet Production
The U.S. Department of War's Office of Strategic Capital has committed $150 million to Niron Magnetics, Inc. to build a rare earth-free magnet plant in Minnesota, aiming to secure domestic supply chains and reduce foreign dependency for critical defense and…
Politics and GovernmentBusinessScience & TechnologyFederal GovernmentEconomyMilitaryRoboticsTrade Niron MagneticsOffice of Strategic CapitalRare Earth-Free MagnetsSupply Chain SecurityMinnesotaDefense Industrial BaseDonald J. TrumpU.S. Department of War