# USA Rare Earth breaks ground on $1.2B rare earth magnet plant in Blacksburg, South Carolina

USA Rare Earth broke ground on a new rare earth metal and magnet manufacturing facility in Blacksburg, South Carolina. The $1.2 billion investment is expected to create about 490 jobs, with production capacity of 6,400 tpa of sintered NdFeB magnets and 5,000 tpa of strip-cast metal, commissioning targeted to begin in 2028.

- Type: New facility
- Announced: 2019-06-18
- Where: Blacksburg, South Carolina, United States
- Value: $1.20B
- Jobs: 490
- Starts operating: 2028
- Status: under construction
- Capacity: 6,400 tpa sintered NdFeB magnets; 5,000 tpa strip-cast metal
- Products: rare earth magnets, neodymium-iron-boron magnets, strip-cast metal
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [USA Rare Earth, Inc.](https://endata.com/companies/32117.md)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/pennwell.pennenergy/article/gnwcq-2026-9-9-usa-rare-earth-breaks-ground-on-advanced-rare-earth-metal-and-magnet-manufacturing-facility-in-blacksburg-south-carolina), 2019-06-18: "Breaking ground in Blacksburg is an important moment because it moves our vision from plans on paper to infrastructure taking shape."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
