Vulcan Elements Timeline

Events

• 2025-11-03 - Partnership - Vulcan announces $1.4B U.S. magnet expansion partnership - The programme includes planned capacity for 10,000 tonnes of permanent magnets per year. The investment combines upstream separated-oxide supply with downstream magnet production. The stated scale is planned capacity and not current annual output. - source: vulcanelements.com
• 2025-08-26 - Partnership - Energy Fuels and Vulcan agree rare-earth oxide validation supply - The initial validation quantities were scheduled for the fourth quarter of 2025. The supplied oxides are sourced from U.S. mines and refined at Energy Fuels White Mesa Mill in Utah. The companies intend to negotiate long-term supply agreements after Vulcan… - source: vulcanelements.com
• 2025-08-19 - Partnership - Vulcan and ReElement sign rare-earth oxide offtake agreement - ReElement supplies separated rare-earth oxides for Vulcan’s NdFeB magnet manufacturing. The agreement connects upstream recycling and refining with downstream permanent-magnet production. The companies described the arrangement as a domestic mine-to-magnet… - source: vulcanelements.com
• 2025-08-11 - Funding - Vulcan Elements closes Series A for magnet manufacturing expansion - One Investment Management participated alongside Altimeter Capital. The financing supports manufacturing scale-up and expansion of the company’s U.S. workforce. Vulcan was already producing high-performance rare-earth magnets at its Research Triangle Park… - source: vulcanelements.com
• 2025-03-31 - Facility Opening - Vulcan Elements opens North Carolina magnet manufacturing facility - The facility supports sintered NdFeB magnet production from powder processing through coating and testing. The site combines commercial output with process and product development work. The opening established an operating U.S. production base ahead of a… - source: vulcanelements.com