Vulcan Elements is a startup manufacturer of rare earth magnets located in Durham, North Carolina. In November 2025, the Pentagon's Office of Strategic Capital under the second Donald Trump administration granted the company the largest loan it had ever made, at $620 million.
Vulcan Elements is a startup manufacturer of rare earth magnets located in Durham, North Carolina. In November 2025, the Pentagon's Office of Strategic Capital under the second Donald Trump administration granted the company the largest loan it had ever made, at $620 million.
Source: Wikipedia "Vulcan Elements" · CC BY-SA 4.0
Share this article: X · Bluesky