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Vulcan Elements
American rare earth magnet manufacturer From Wikipedia, the free encyclopedia
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Vulcan Elements is a startup rare earth magnet manufacturer located in the American state of North Carolina.
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History
Vulcan 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 August 2025, Reuters reported that 1789 Capital, co-owned by Donald Trump Jr., had invested in Vulcan Elements.[2] In September 2025, the company raised $65 million at a $250 million total valuation.[3][4] It had also secured orders from the US military.[5]
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Supply chain
In 2025 Vulcan Elements signed a supply agreement with ReElement Technologies in Indiana.[6][7]
Facilities
The company's main production facility is located in the Research Triangle Park in North Carolina.[8]
See also
References
External links
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