SMRTR Science & EngineeringSep 6, 2026Interesting Engineering

First-of-its-kind US magnet recycling plant soon to be built, target high-purity rare earths

SMRTR summary

US Strategic Metals and Ionic Rare Earths plan to build America's first magnet recycling plant in Fredericktown, Missouri, investing $100 million to recover rare earth elements from spent magnets. The facility will use Ionic's patented process, achieving over 99.5% purity, helping reduce U.S. dependence on China for critical minerals.

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