USA Rare Earth and Enduro Sign Memorandum of Understanding for Delivery of U.S.-Made Neo Magnets for Pipeline Cleaning “Smart Pigs”
Globenewswire·2025-08-12 11:00

Core Insights - USA Rare Earth, Inc. has signed a memorandum of understanding with Enduro Pipeline Services to supply neodymium magnets, with production expected to start in early 2026 [1][3] - The partnership aims to enhance the supply chain for pipeline cleaning tools, utilizing domestically sourced rare earth magnets [3][4] - USA Rare Earth is constructing a 310,000 square foot manufacturing facility in Stillwater, Oklahoma, to support various industries with high-powered magnets [6] Company Overview - USA Rare Earth is focused on building a vertically integrated domestic supply chain for rare earth magnet production, controlling mining rights to significant deposits in West Texas [6] - The company’s products are essential for multiple sectors, including defense, automotive, aviation, industrial, medical, and consumer electronics [6] Industry Context - Enduro Pipeline Services specializes in pipeline integrity tools, utilizing advanced technology to improve pipeline maintenance and safety [7] - The collaboration between USA Rare Earth and Enduro highlights the importance of American-made products in enhancing industry resilience and quality [4]