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01 Feb
13:13

RARE EARTH: Quadrant to build magnet manufacturing plant in Kentucky

US-based magnet specialist Quadrant says it plans to build a $95 million plant to manufacture rare earth magnets for EV motors in Kentucky, Kallanish reports. The plant will be in Louisville, Kentucky, and will be Quadrant’s first mass production facility in the US. The company has operated an engineering, machining and assembly hub in Louisville since 2001 with the high-performance neodymium-iron-boron rare earth magnets imported from China. The California-…
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