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Sumter NdFeB Magnet PlantVACUUMSCHMELZE / eVAC Magnetics—eVAC Magnetics holds opening ceremony at Sumter plant

Sumter NdFeB Magnet Plant

by VACUUMSCHMELZE / eVAC MagneticsDE

Reestablish U.S. rare-earth magnet production capability, ending 25-year absence, and supply defense and EV manufacturers with domestic magnets sourced from domestic ore.

DeployStage 4 of 5

Ramping production toward 2,000 tpa NdFeB blocks. Official opening July 15, 2026.

Updated 15 Jul 2026Checked 11 Oct0 updates this week

Milestones

Next · Reach 2,000 tpa capacity
  1. Sumter facility construction begins7 Mar 2024Complete.
  2. Commercial production beginsQ4 2025Complete.
  3. First magnets shipped12 Dec 2025Complete.
  4. Official opening ceremony15 Jul 2026Complete.
  5. Reach 2,000 tpa capacityTarget Q4 2026Current milestone.
  6. Scale to 12,000 tpa capacityTarget 2027Not yet reached.

Most important updates

Upcoming

  1. Q4 2026Reach 2,000 tpa capacity (next)
  2. 2027Scale to 12,000 tpa capacity
  3. 2027EV traction motor demand from OEMs
  4. 2027U.S. Defense Department rare-earth supply investment
  5. 2027MP Materials Mountain Pass capacity expansion
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