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Vulcan Elements Partners with North Carolina Collaboratory on Rare Earth Magnet Research

October 23, 2026AIC Engineering

American rare earth magnet manufacturer Vulcan Elements has entered a partnership with research organisation North Carolina Collaboratory to advance the development of high-performance rare earth magnets for defence and commercial technology uses, according to Mining Weekly …

Republished by AIC Engineering. All rights belong to the original publisher; see Source below.

American rare earth magnet manufacturer Vulcan Elements has entered a partnership with research organisation North Carolina Collaboratory to advance the development of high-performance rare earth magnets for defence and commercial technology uses, according to Mining Weekly . The collaboration centres on research led by Yosuke Kanai, a chemistry professor at the University of North Carolina at Chapel Hill, aimed at building a new analytic capability. The work will use quantum-mechanical simulations to predict with considerable accuracy how changes at the atomic level influence magnetic properties, which Vulcan expects to set a new standard for its magnetic performance. Vulcan describes the partnership as bringing together two research fields it considers foundational to national security and the future economy: rare earth magnets and quantum mechanics.

North Carolina Collaboratory is providing USD 600 000 to support the application of the university's scientific expertise to rare earth magnet innovation. The organisation works with academic experts across the state to turn research into practical applications for North Carolina's benefit, and since its founding in 2016 it has backed more than 800 research projects and managed over USD 300-million in state appropriations. Vulcan CEO John Maslin characterised the research partnership as a model for public-private cooperation that the nation needs, saying it generates breakthrough technologies and translates them into manufacturing capabilities that serve the economy and national security. Vulcan's Benson manufacturing facility is under construction in North Carolina. It is positioned as a cornerstone of the domestic rare earth magnet supply chain and as the largest rare earth magnet factory outside China, with 1.1-million square feet of space and a planned yearly capacity of 10 000 t of sintered neodymium magnets.

Interactive table based on the Store Companies dataset for this report.

# Company Headquarters Focus Scale Note
1 Arnold Magnetic Technologies Rochester, United States Manufactures NdFeB and SmCo permanent magnets Global Produces rare earth magnets at U.S. manufacturing facilities
2 Proterial America Purchase, United States Supplies rare earth magnets and magnetic materials Global U.S. unit of the former Hitachi Metals magnetic materials business
3 TDK Corporation of America Lincolnshire, United States Supplies NdFeB magnets for industrial and electronics uses Global Its product portfolio includes neodymium magnets
4 Shin-Etsu Silicones of America Akron, United States Supplies rare earth permanent magnets through its U.S. operations Global Shin-Etsu manufactures NdFeB and SmCo magnet products
5 VACUUMSCHMELZE North America Nashua, United States Supplies SmCo and NdFeB magnets and magnetic assemblies Global U.S. unit of a specialist producer of high-performance magnets
6 Electron Energy Corporation Landisville, United States Manufactures samarium cobalt permanent magnets Niche U.S. producer focused on SmCo magnet technology
7 Dexter Magnetic Technologies Elk Grove Village, United States Supplies custom rare earth magnets and magnetic assemblies Global Provides engineered magnetic components using NdFeB and SmCo
8 Dura Magnetics Sylvania, United States Manufactures and distributes rare earth magnets National Offers custom NdFeB and SmCo magnets and assemblies
9 Adams Magnetic Products Elizabethtown, United States Supplies rare earth magnets and custom magnetic assemblies National Offers NdFeB and SmCo magnet products
10 Thomas & Skinner Indianapolis, United States Manufactures specialty permanent magnets and magnetic materials Niche U.S. producer of high-performance permanent magnet materials
11 Bunting-DuBois Newton, United States Manufactures and supplies rare earth magnets and assemblies Global Offers custom rare earth magnetic components
12 Alliance LLC Cary, United States Distributes rare earth magnets and magnetic assemblies National Supplies permanent magnets for industrial and OEM applications
13 Magnet Applications Elizabethtown, United States Manufactures and supplies NdFeB and SmCo magnets Global Provides custom rare earth magnet shapes and assemblies
14 Daido Steel America Santa Clara, United States Supplies rare earth magnets and magnetic materials Global U.S. operations of a Japanese specialty steel and magnet producer
15 Mitsubishi Chemical America New York, United States Supplies rare earth magnetic materials and products Global U.S. commercial presence of a producer of rare earth magnet materials
16 K&J Magnetics Pipersville, United States Supplies NdFeB magnets for industrial and specialty applications Niche Maintains a broad catalog of neodymium magnet shapes and grades
17 Magnet Source Castle Rock, United States Distributes rare earth magnets and magnetic products National Supplies neodymium magnets to commercial and industrial customers

Source

Vulcan Elements, NC Collaboratory Study Rare Earth Magnets