Stillwater, Oklahoma magnet plant

by USA Rare Earth IncUS

Produce 1,200 tonnes/year of sintered NdFeB magnets for US domestic use and allied exports.

DeployStage 4 of 5

Phase 1a commissioned March 2026; ramping to 600 t/yr by Q4 2026, 1,200 t/yr by Q1 2027.

Updated 26 Mar 2026Checked 11 Oct0 updates this week

Milestones

Next · Phase 1a reaches 600 t/yr capacity
  1. Phase 1a magnet production line commissioned26 Mar 2026Complete.
  2. Customer orders beginQ2 2026Complete.
  3. Phase 1a reaches 600 t/yr capacityTarget Q4 2026Not yet reached.
  4. Phase 1b completed, total capacity reaches 1,200 t/yrTarget Q1 2027Not yet reached.

Most important updates

Upcoming

  1. 2026US government critical minerals initiatives and defense contracts (next)
  2. Q4 2026Phase 1a reaches 600 t/yr capacity
  3. Q1 2027Phase 1b completed, total capacity reaches 1,200 t/yr
Primer