US Strategic Metals to build Missouri magnet recycling plant with $95 million
US Strategic Metals and Ionic Rare Earths plan a magnet recycling facility at US Strategic Metals’ 1,750-acre permitted Missouri site. USSM will contribute $95 million; Ionic Rare Earths will license its technology and lead technical operations.
USSM to contribute $95 million and host magnet recycling facility at its 1,750-acre permitted Missouri site; Ionic Rare Earths to license its magnet recycling technology and lead technical operationsST.
LOUIS, Sept.
3, 2026 // -- US Strategic Metals (USSM) today announced that it has sign…