USA Rare Earth selects Cherokee County for $1.2B plant (opens original article in a new tab)

USA Rare Earth plans a $1.2 billion advanced manufacturing facility in Cherokee County, South Carolina, creating 490 jobs and producing rare earth metals and magnets to strengthen the domestic supply chain.

• USA Rare Earth selects Cherokee County for a $1.2B plant to produce NdFeB magnets and rare earth metals.
• The facility in Bailey Park will create 490 jobs and start operations in April 2028.
• The project aims to reduce reliance on China for rare earth materials and boost South Carolina's economy.