Stillwater rare earth metal and NdFeB magnet plant
USA Rare Earth, Inc., Stillwater, Payne County, Oklahoma
Stillwater rare earth metal and NdFeB magnet plant in Stillwater, Oklahoma is USA Rare Earth, Inc.’s plant for rare earth metals and sintered NdFeB permanent magnets. Status: operating as of March 26, 2026 (production started). USA Rare Earth, Inc. announced $100 million and 100 jobs. Primary source: okcommerce.gov, checked November 12, 2026.
- Status
- Operating
- Announced investment
- $100 million
- Announced jobs
- 100
- Industry
- Steel and metals
- Sheet
- OK-15
- Revised
- November 12, 2026
Status timeline
- Announcedokcommerce.gov
- Production startedinvestors.usare.com
Filled dots are confirmed by a company, state, SEC or federal source. Dashed dots come from news reports only. Investment and job figures are as announced, not achieved.
Plant facts
| Company | USA Rare Earth, Inc. |
|---|---|
| Plant | Stillwater rare earth metal and NdFeB magnet plant |
| Location | Stillwater, Payne County, Oklahoma |
| Industry | Steel and metals |
| Product | Rare earth metals and sintered NdFeB permanent magnets |
| Announced investment | $100 million$100M+ announced 2022; CHIPS final award of $277M split across Stillwater, Sierra Blanca TX and Blacksburg SC |
| Announced jobs | 100 |
| Last checked | November 12, 2026 |
Sources
- Governor Stitt, Department of Commerce secure first domestic rare earth metal and magnet manufacturing facility (state release, okcommerce.gov, checked November 12, 2026)
- USA Rare Earth commissions Phase 1a magnet production at Stillwater (company release, investors.usare.com, checked November 12, 2026)
- CHIPS for America: USA Rare Earth (Oklahoma), Stillwater (federal notice, nist.gov, checked November 12, 2026)
Something changed? Send a correction with a link and we'll recheck it.