From Nikkei Asia · · 40s
Pentagon and Toyota Build Texas Iron Plant
Pentagon and Toyota-backed startup Hertha Metals breaks ground on Texas plant to cut U.S. reliance on Chinese iron.
In brief
Pentagon and Toyota-backed startup Hertha Metals breaks ground on Texas plant to cut U.S. reliance on Chinese iron. Hertha Metals, backed by the Pentagon and Toyota, starts Texas plant to make rare-earth magnets instead of importing from China. Originally reported by Nikkei Asia.
Hertha Metals Breaks Ground
Hertha Metals breaks ground on Texas plant to make rare-earth magnet material for high-performance magnets in the U.S.
Pentagon and Toyota Backed
The Pentagon- and Toyota-backed startup aims to cut U.S. reliance on China iron by producing rare-earth magnets domestically.
Texas Plant Construction
Hertha Metals' demonstration facility in Texas has broken ground on a full-scale plant to replace Chinese iron imports.
What matters most
Hertha Metals, backed by the Pentagon and Toyota, starts Texas plant to make rare-earth magnets instead of importing from China.
