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USA Rare Earth and Arnold Magnetic Technologies Partner to Expand U.S.-Made Rare Earth Magnet Supply for Critical Industries
Globenewswire· 2026-03-23 11:00
Core Viewpoint - USA Rare Earth, Inc. has entered into a mutual sales and distribution agreement with Arnold Magnetic Technologies, enhancing the domestic supply chain for rare earth magnets critical to various industries [1][3]. Group 1: Agreement Details - The partnership allows both companies to sell and distribute each other's products, with USA Rare Earth offering Arnold's finished permanent magnets and Arnold providing processed NdFeB feedstock and finished magnets from USA Rare Earth [2]. - Each company will maintain responsibility for the quality, warranties, and liabilities of the products they manufacture [2]. Group 2: Supply Chain Impact - This agreement aims to strengthen a U.S.-aligned supply chain for industries such as aerospace, defense, and advanced technology by connecting processed materials with domestic capabilities [3][4]. - The collaboration supports the development of a more resilient domestic supply chain, reducing reliance on foreign sources of rare earth materials and enhancing national security [4]. Group 3: Company Statements - Barbara Humpton, CEO of USA Rare Earth, emphasized the agreement's role in delivering American-made magnet solutions at scale and precision, while also meeting high-volume demand [5]. - Matt Blake, CEO of Arnold, highlighted the combination of USA Rare Earth's manufacturing platform with Arnold's expertise as a strategic advantage for serving critical markets [5]. Group 4: Company Background - USA Rare Earth is building a fully integrated rare earth and permanent magnet supply chain across the U.S., U.K., and Europe, focusing on heavy rare earth processing, metal-making, and magnet manufacturing [6]. - Arnold Magnetic Technologies has over 130 years of experience and serves a diverse customer base across various industries, producing high-performance permanent magnets and engineered solutions [8][9].