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USA Rare Earth Plans $1.2B South Carolina Magnet Factory as Federal Backing Expands

USA Rare Earth Plans $1.2B South Carolina Magnet Factory as Federal Backing Expands

Aiman Tariq – Regional News EditorBlacksburg, SC – USA Rare Earth says it will invest $1.2 billion to build a rare earth magnet manufacturing and refined metals operation in Blacksburg, South Carolina, a project that state and company officials say could create about 490 jobs and expand domestic production of materials used in advanced manufacturing. […]