Wire · technology
American Rare Earths signs Novex MoU to advance US mine-to-magnet supply chain
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Industrial
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United States
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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.
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1 source · 17 Aug 2026
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Industrialrare-earthssupply-chainus-minecritical-materialsdomestic-production