The American Rare Earth Company commences construction of an advanced rare earth metal and magnet manufacturing facility in Blacksburg, South Carolina. The US Rare Earth Corporation expects an investment of about 1.2 billion US dollars to create about 490 highly skilled and well-paid manufacturing jobs.

The American Rare Earth Company commences construction of an advanced rare earth metal and magnet manufacturing facility in Blacksburg, South Carolina. The US Rare Earth Corporation expects an investment of about 1.2 billion US dollars to create about 490 highly skilled and well-paid manufacturing jobs.