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DURHAM, N.C., September 23, 2026 – Vulcan Elements, an American rare earth magnet manufacturer, today announced its competitive selection by the U.S. Army to supply high-performance Neodymium Iron Boron magnets for the Army’s drone initiative to produce Small Unmanned Aircraft Systems. This initiative is the Army’s vertically-integrated effort to produce small drones that aims to produce one million drones per year in…

"This is a major deal, if you believe drones are the future of warfare, delivery and agriculture."

Highlights: Durham, North Carolina – Vulcan Elements today announced the execution of a Memorandum of Understanding with Ucore Rare Metals Inc. (“Ucore”) to collaborate on the development of a domestic rare earth magnet supply chain for defense and commercial applications. Under the agreement, the parties intend to finalize a full commercial supply partnership whereby Ucore…

The United States cannot out-mine and out-process China. Instead, it should leapfrog China’s dominance by scaling disruptive innovation, recovery, and recycling.

From our latest Radical Talks episode with Vulcan Elements CEO and Co-founder John Maslin