Dec. 24 at 2:19 AM
$UURAF $USAR $MP $CRML
Mine to Magnet Cost Contribution by Step (SmCo Magnet)
Ucore intends to provide the highest cost (25-35% of total) step in the mine to magnet stack inside the US at their US gov. supported facility in LA targeted for commissioning in 2nd half 2026. How does USA Rare Earth plan to address this step in their mine to magnet strategy? When will
$MP be able to provide this step and will they be able to compete with Ucore's RapidSX technology on cost and efficiency?
From Chat GPT:
Cost Contribution by Step (SmCo Magnet)
Approximate cost stack (% of finished magnet cost):
Step % of Total Cost
Mining & beneficiation 5–8%
Chemical cracking 5–7%
Solvent extraction (Sm separation) 25–35%
Sm₂O₃ → Sm metal 10–15%
Cobalt feedstock 10–15%
Alloy melting 5–7%
Powder processing & pressing 10–15%
Sintering & heat treatment 8–12%
Machining, QA, yield loss 5–10%