Vulcan Elements is proud to announce a $1.4 billion partnership with the @DeptofWar, @CommerceGov, and @ReElementTech to scale Vulcan Elements and ReElement Technologies’ 100% vertically-integrated, domestic rare earth magnet supply chain. This partnership proves that America can manufacture rare earth magnets—entirely on U.S. soil. Since its inception, Vulcan Elements’ mission has been to build a domestic rare earth magnet solution that can propel the United States into the 21st century and enable the next era of American economic dynamism and national security. This partnership is a milestone for the company’s mission, and for the United States of America. As Secretary of Commerce @howardlutnick stated: “Our investment in Vulcan Elements will accelerate U.S. production of rare earth magnets for American manufacturers. We are laser-focused on bringing critical mineral and rare earth manufacturing back home, ensuring America’s supply chain is strong, secure and perfectly reliable.” “As a former Navy officer, I am honored by the trust that the American government and American people have placed in Vulcan Elements,” said Vulcan Elements CEO @_JohnMaslin. “Now more than ever, we remain focused on execution and performance, so that we can deliver a capability that the nation urgently needs. Vulcan Elements and ReElement Technologies already have a record of strong collaboration, and I look forward to continuing to work together as we move forward into this next phase of our partnership.” This is an honor and responsibility that Vulcan Elements takes very seriously. We will continue to stay laser-focused on delivering real results at a rapid pace.

🎙️A new episode of Radical Talks is now live. This week, we’re joined by @_JohnMaslin, Founder & CEO of @VulcanElements and former U.S. Navy Supply Corps officer, for a deep dive into the overlooked infrastructure powering AI: rare earth magnets.

Vulcan Elements' CEO @_JohnMaslin joined @radicalvcfund’s @molwelch to discuss why rare earth magnets are a foundational layer of AI infrastructure, and what it takes to rebuild domestic manufacturing. Listen to the full conversation: open.spotify.com/episode/4jD…

Thank you @DoWCTO and @DeptofWar for partnering with us to restore American industrial dominance and deliver the magnets that will define the next generation of economic dynamism and national security 🇺🇸🧲

Thank you @USWREMichael and @DeptofWar for your partnership as we bring home one of the most important supply chains of the 21st century 🧲🇺🇸

The Office of Strategic Capital has finalized another deal that will help secure the domestic production of magnets essential to technologies that support the American warfighter.   This deal directly supports President Trump's executive order to bolster our critical mineral supply chain and restore American industrial sovereignty.

Rare-earths startup Vulcan Elements says it will use $1 billion of government funding and private capital to build a production facility in its home state of North Carolina, the latest step in a US push to break free of China’s grip over the industry bloomberg.com/news/articles/…

Vulcan Elements is excited to announce that it has selected Benson, North Carolina, as the location for its $1 billion rare earth magnet manufacturing facility. At its location in Benson, Vulcan Elements will expand to 10,000 metric tonnes of rare earth magnet manufacturing capacity and create 1,000 new American jobs—executing on the company’s $1.4 billion partnership with the United States Government announced on November 3, 2025. The facility will be a critical asset for the United States as it onshores the rare earth magnet industry and secures an essential supply chain for American economic dynamism and national security. “North Carolina is a natural home for Vulcan Elements’ next stage,” said Vulcan Elements CEO @_JohnMaslin. “We need to draw on world-class talent, innovation, and infrastructure as we secure one of the 21st century’s most important supply chains. As home to our current commercial facility, North Carolina has proven that it has all three. And as we create 1,000 new American jobs, we will tap into the region’s deep bench of experience across industries—from engineers and technicians who understand hardware and manufacturing to military veterans who have spent their careers managing complex supply chains, operating heavy machinery, and serving their country.” Vulcan Elements conducted an extensive multistate search for this facility over the course of the last year. The site selected in Benson meets all of Vulcan Elements’ requirements for 10,000 tonnes of magnet production, including size, power, and transportation. This announcement follows Vulcan Elements’ $1.4 billion partnership with the United States Government to build a 100% vertically-integrated, domestic magnet supply chain with the company’s upstream partner ReElement Technologies. As United States Secretary of Commerce @howardlutnick stated: “Our investment in Vulcan Elements will accelerate U.S. production of rare earth magnets for American manufacturers. We are laser-focused on bringing critical mineral and rare earth manufacturing back home, ensuring America’s supply chain is strong, secure and perfectly reliable.”

Congratulations to @_JohnMaslin & the @VulcanElements team! This is a huge win for the United States' supply chain resiliency. Proud of our @AUVSI member & fired up about the positive impact this agreement will have for the UxS industry!

Thank you @WSJ for featuring @VulcanElements' $1.4 billion partnership with @DeptofWar, @CommerceGov, and @ReElementTech to scale a 100% vertically integrated magnet supply chain. Secretary of Commerce @howardlutnick stated earlier: “Our investment in Vulcan Elements will accelerate U.S. production of rare earth magnets for American manufacturers. We are laser-focused on bringing critical mineral and rare earth manufacturing back home, ensuring America’s supply chain is strong, secure and perfectly reliable.” Since its inception, Vulcan Elements’ mission has been to build a domestic rare earth magnet solution that can propel the United States into the 21st century and enable the next era of American economic dynamism and national security. This partnership is a milestone for the company’s mission, and for the United States of America.

Thank you @AltimeterCap and @ekriessmann for propelling Vulcan forward through our Series A, and beyond. 🧲🇺🇸 Now the hard work begins!

Important partnership between @VulcanElements and the United States Government that advances resilient and secure supply chains for America’s economic and national security. Secretary @howardlutnick puts it well, “Our investment in Vulcan Elements will accelerate U.S. production of rare earth magnets for American manufacturers. We are laser-focused on bringing critical mineral and rare earth manufacturing back home, ensuring America’s supply chain is strong, secure and perfectly reliable.”

Excited to support such a capable and patriotic team at @VulcanElements. Vulcan’s partnership with the United States Government advances resilient and secure supply chains for America’s economic and national security. The right team, right technology, right partners to execute.

I am honored to announce @VulcanElements' $1.4B partnership with @DeptofWar, @CommerceGov, and @ReElementTech to scale Vulcan Elements and ReElement Technologies’ 100% vertically-integrated, domestic rare earth magnet supply chain. Since its inception, Vulcan’s mission has been to build a domestic rare earth magnet solution that can propel the United States into the 21st century and enable the next era of American economic dynamism and national security. Now more than ever, we remain focused on execution and performance, so that we can deliver a capability that the nation urgently needs. To the United States Government, this is an honor and responsibility that we take very seriously. We will continue to stay laser-focused on delivering real results at a rapid pace. To Vulcan’s investors and partners, thank you for your continued support and commitment. We look forward to continuing to work together as we enter this next phase of the company. To Vulcan’s engineers and technicians, none of this would be possible without you. Organizations don’t do things, people do. You are the backbone of the company and I’m grateful for the opportunity to continue working hard on an important problem together.

@VulcanElements' partnership with @Energy_Fuels will onshore one of the most important supply chains for America’s future economy and security. Together, we're bringing rare earth magnet manufacturing back home to the United States. This collaboration will enable Vulcan to ensure it has access to the rare earth materials it needs in order to deliver high-performance magnets for critical technologies and essential military capabilities.