Durham, North Carolina —Vulcan Elements finalized a commercial-scale offtake agreement with ReElement Technologies for light and heavy rare earth oxides—to accelerate Vulcan’s immediate expansion of its domestic rare earth magnet manufacturing capability to commercial capacity. Together, Vulcan Elements and ReElement are onshoring the magnet supply chain and enabling the next generation of American economic dynamism and military dominance.
“This partnership is a crucial step toward restoring American manufacturing and strengthening our technological and industrial base for decades to come,” said Vulcan Elements CEO John Maslin. “With this agreement, Vulcan is poised to deliver for America’s innovators and warfighters, and ensure that the United States can continue to lead the world in the economic sectors that will define the 21st century.”
“Vulcan Elements is a best-in-class magnet manufacturer, and ReElement is proud to be a partner in Vulcan’s mission,” said ReElement CEO Mark Jensen. “We look forward to continuing to work closely with Vulcan to build a commercially viable rare earth magnet supply chain in the United States—one that can compete and win in global markets.”
Vulcan Elements manufactures permanent sintered neodymium iron boron magnets in the United States for critical defense and commercial applications. The company remains committed to advancing technological innovations, galvanizing America’s manufacturing workforce, and collaborating with both public and private sector stakeholders to strengthen the domestic rare earth magnet supply chain.
For further inquiries, please contact:
Jonah Glick‑Unterman
Chief of Staff
Email: [email protected]
