DOE awards $75M to turn coal waste into rare earths
The Department of Energy selected five projects to extract rare earth elements and critical minerals from coal and coal byproducts, marking a domestic supply pivot away from Chinese refining.
USA Rare Earth ships first domestic NdFeB magnets, backed by $1.6B CHIPS funding
USA Rare Earth commissioned its Oklahoma magnet factory in Q1 2026 with government and private backing totaling $3.1 billion, becoming the first integrated rare earth supply chain under U.S. ownership.
USA Rare Earth commissions first U.S. NdFeB magnet line, 600 metric tons by 2026
USA Rare Earth began shipping sintered neodymium magnets from its Stillwater, Oklahoma facility in Q2 2026, the first commercial-scale domestic production line backed by $1.3B+ federal funding — directly confronting China's 90% global supply monopoly.