Stillwater lands exclusive mining company

USA Rare Earth acquires US rare earth permanent magnet manufacturing  capability from Hitachi -


The rare-earth mining company USA Rare Earth chose Stillwater as the site for a new operation.

The company owns a mine in west Texas where minerals critical to U.S. national security are mined, including gallium, which is a critical semiconductor chip material for which there are currently no U.S. producers.

It plans to invest $100 million in a building in Stillwater and eventually hire 115 workers with an average salary of $50,000 to $60,000 a year reported Fox 25 News.

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