USA Rare Earth Selects Cherokee County for New Magnet Manufacturing Facility
USA Rare Earth announced on Tuesday that it has selected Cherokee County, South Carolina, as the site for its new rare earth metal and magnet manufacturing facility. The company plans to establish a domestic supply chain for these materials, which serve as critical components in electric vehicles, wind turbines, and various defense technologies.
The project involves the construction of a specialized plant designed to process rare earth elements into finished magnets. This facility will operate as part of the company’s broader strategy to localize production within the United States. Local officials in Cherokee County confirmed the selection, noting that the development will bring new industrial infrastructure to the region. The company expects the site to support the growing demand for high-performance magnets as domestic manufacturing sectors continue to expand.
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Date: June 2, 2026
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