Vulcan ElementsVulcan Elements is a startup rare earth magnet manufacturer located in the American state of North Carolina. HistoryVulcan Elements was founded in 2023 by John Maslin, formerly of the United States Navy, with the intention of competing with rare earth magnet manufacturers based in China.[1] In 2025 the company raised $65 million at a $250 million total valuation.[2][3] It had also secured orders from the US military.[4] Supply chainIn 2025 Vulcan Elements signed a supply agreement with ReElement Technologies in Indiana.[5][6] FacilitiesThe company's main production facility is located in the Research Triangle Park in North Carolina.[7] See alsoReferences
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