US Rare Earth Magnet Factory Supplies Cooling Pumps for Data Centers

Published: Jun 19, 2025 13:11

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US rare earth magnet producer USA Rare Earth (USAR) and Moog Electric Motion Solutions have signed an agreement to supply magnets for cooling pumps in data centers. According to USAR on Monday, Moog will provide USAR's new-type magnets for precision cooling pumps used in its data centers. The company did not disclose specific quantities, prices, or the binding nature of the memorandum of understanding. According to Moog, rare earth magnets are crucial for meeting the growing cooling demands of data centers. USAR aims to commence production of neodymium magnets by 2026 and achieve a full-load capacity of 5,000 mt per year. Additionally, USAR has signed rare earth off-take agreements with companies in the US and South Korea and is constructing a new magnet factory in Stillwater, Oklahoma.

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