INDIVIDUAL FACILITIES AND SELECTED SOURCES
Below is basic information about individual facilities in our database and selected sources we've drawn on to support the analysis. To navigate to other sites, use the search page.
Additional Information:
Sector: EVs
Activity: Manufacturing
Product: Magnets
Project Announcement Date: 6/9/2022
Target for Starting Production: 2026
Date Commercial Production Started:
Announced Post Inflation Reduction Act: No
Target Annual Production: 1200 tpa
Operating Status: Under Construction
Target Jobs: 100
Capital Investment: $1650 million
Congressional District: OK3
Government Subsidies:
Local/State: $7 million
Selected Sources:
“Critical minerals company coming to Stillwater”, greateroklahomacity.com, 21 Jun 2022. 🔗
“Oklahoma Secures First Domestic Rare Earth Metal and Magnet Manufacturing Facility”, Oklahoma Department of Commerce, 09 Jun 2022. 🔗
“Press release from Office of National Institute of Standards and Technology”, Sean McGlinn, LegiStorm, 25 Jan 2026. 🔗
Tracked Expansions, Acquisitions, or Related Sites:
We currently have no related projects tracked for this site.