Blacksburg, South Carolina — According to state and local development sources, USA Rare Earth plans to invest $1.2 Billion to expand in Blacksburg. The company is creating 490 new jobs at this facility. The company plans to occupy the new space in Blacksburg, on or about April 1, 2028. According to the company website, USA Rare Earth, LLC is a U.S.-based, vertically integrated magnet technology company. USARE is poised to become the leading domestic supplier of rare earth magnets and heavy rare earth elements required for the electric vehicle, green energy, consumer electronics, and defense industries, as well as tech metals needed for chipsets, semiconductors, and 5G. USA Rare Earth, LLC owns a magnet production facility in Stillwater, Oklahoma and the Round Top Heavy Rare Earth and Critical Minerals deposit in Hudspeth County, West Texas.

To learn more, visit https://www.usare.com/

Company Contact:
USA Rare Earth
100 West Airport Road
Stillwater, OK74075
Phone: 813-867-6155
LinkedIn Link: https://www.linkedin.com/company/usarareearth/

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