Facility

Vulcan Elements Durham magnet facility

Vulcan Elements' sintered NdFeB magnet manufacturing and R&D site in Durham, North Carolina (Research Triangle Park), opened at small commercial scale in March 2025. In November 2025 the Office of Strategic Capital announced a $620 million conditional loan commitment to Vulcan (part of a joint $700 million commitment with ReElement Technologies) and the Commerce Department's CHIPS Program Office signed a preliminary non-binding $50 million letter of intent, backing Vulcan's plan to scale to 10,000 metric tonnes of annual magnet production; the November 2025 announcements do not specify the site of the full-scale expansion.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Location: Durham, North Carolina, United States

Magnets

Sintered NdFeB magnet manufacturing

Operating

Proprietary NdFeB magnet manufacturing at a 21,000 square foot small-scale commercial production and R&D site; planned scale-up to 10,000 t/yr within a vertically integrated supply chain with ReElement Technologies oxide refining

Material flow

NdPr Oxide → Sintered NdFeB Magnet

Capacity

10,000 t/year · Product mass · Target · as of Nov 3, 2025

Qualification

No qualification claim. Status does not imply qualified output.

Sources

Vulcan Elements · published Mar 31, 2025 · retrieved Aug 11, 2026 · archive
Vulcan Elements · published Nov 3, 2025 · retrieved Aug 11, 2026 · archive
U.S. Department of War · published Nov 21, 2025 · retrieved Aug 11, 2026 · archive
National Institute of Standards and Technology · published Nov 3, 2025 · retrieved Aug 11, 2026 · archive