Vulcan Elements already makes rare earth magnets in North Carolina and is building a larger plant. Public figures do not yet show when supply could match the Army’s production goal. The U.S. Army has selected Vulcan Elements to supply rare earth magnets for its SkyFoundry drone initiative, Axios reported Wednesday. The magnets will support production of brushless motors for … [Read more...] about Army Drone Magnet Deal Raises a Bigger Question: When Can the Supply Chain Be Fully Domestic?
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