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USA Rare Earth is building a vertically integrated US rare earth magnet supply chain, from metal extraction to magnet production, for energy, mobility and national security markets.
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Solcoa Industries
Solcoa Industries develops proprietary processes to produce high-purity rare earth metals from magnet waste at its California pilot facility.
Solcoa Industries, based in Alameda, California, develops chemistries and processes to produce rare earth metals domestically. The company converts America's richest rare earth resource - magnet waste - into high-purity metals through a proprietary pyrometallurgical process. Its technical focus spans pyrometallurgy, rare earth metal production, chemical processing, and critical minerals.
The company's product line includes NdPr and DyTb metal alloys, both achieving greater than 99.5% TREM purity from scrap magnets. Solcoa operates a 31,000-square-foot pilot facility where production takes under 24 hours across just two unit operations - a notably streamlined process compared to conventional rare earth refining.
Solcoa serves industries including EV manufacturing, defense, robotics, wind turbines, and data centres. The company is backed by strategic investors such as Bain Capital Ventures, Felicis, Gigascale Capital, 8090 Industries, and Long Journey.
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