USA Rare Earth (USAR.US) partners with Muge to lay out the supply chain of rare earth magnet for data centers.
Zhitong Finance APP learned that USA Rare Earth (USAR.US) announced the signing of a memorandum of cooperation with Moog Electric Motion Solutions, and the two parties will deepen their cooperation in the supply of neodymium iron boron magnets. According to the agreement, USA Rare Earth plans to start commercial production of related magnet products from early next year, with the first batch of products to be directly supplied to Moog for the research and development of critical equipment in data centers.
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