NIRON MAGNETICS RECEIVES CONDITIONAL $150 MILLION DEPARTMENT OF WAR COMMITMENT

Markets PR Newswire By PR Newswire 07 Aug 2026 20:43 1 min read
NIRON MAGNETICS RECEIVES CONDITIONAL $150 MILLION DEPARTMENT OF WAR COMMITMENT

Up to $150 million would support construction and equipment for Niron Magnetics' Sartell, Minnesota manufacturing plant Rare-earth-free Iron Nitride magnets do not depend on rare earth materials and enable a new approach to domestic magnet manufacturing 20-year direct loan commitment from...

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