#critical minerals Tech News.
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The latest critical minerals news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks critical minerals across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
USA Rare Earth selected Cherokee County, South Carolina, for a $1.2 billion facility to produce 6,400 metric tons of NdFeB magnets and 5,000 metric tons of refined rare-earth metals. The facility is expected online in 2028. The U.S. government invested $1.6 billion in the company through the CHIPS and Science Act.
Schneider Electric and Torngat Metals signed a non-binding MOU to build a rare earth value chain around the Strange Lake project in Nunavik. The partnership connects upstream resource development, technology integration, and downstream industrial demand for permanent magnets used in renewable energy and advanced manufacturing.
NVRO Metals announced the proposed acquisition of Northern Territories Resources Pty Ltd for C$27.9 million to create the NVRO Metals Hub in Australia's Northern Territory. The hub will use the NVRO Process to recover precious and critical metals from sulphidic feedstock, aiming for near-term cash flow and long-term growth.
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