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flag Niron Magnetics gets federal grant to build U.S. rare-earth magnet plant, cutting reliance on China and boosting clean energy and defense supply chains.

flag Niron Magnetics has received a significant federal grant to construct a new manufacturing facility aimed at advancing rare-earth magnet production in the U.S. flag The funding supports efforts to reduce reliance on foreign sources, particularly from China, and bolster domestic supply chains for clean energy and defense technologies. flag The project is expected to create hundreds of jobs and accelerate innovation in sustainable magnet materials.

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