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American Rare Earths signs Novex MoU to advance US mine-to-magnet supply chain

Published

17 August 2026

Topic

technology

Sectors

Industrial

Geography

United States

Source

Read at proactiveinvestors.co.uk

Verified

Fusion42 · 17 August 2026 · Fusion42 review

American Rare Earths has signed a Memorandum of Understanding with Novex to develop a US-based mine-to-magnet rare earth supply chain, aiming to reduce dependency on foreign sources and strengthen domestic critical materials processing.

This Wire brief sits within Fusion42's coverage of Industrial.

◆ The Wire takeaway

US manufacturing just opened new supply routes for rare earths. If you build or buy parts using magnets or critical minerals, these new domestic links cut your supply risk and shipping delays.

Coverage

1 source · 17 Aug 2026

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Topics

Industrialrare-earthssupply-chainus-minecritical-materialsdomestic-production