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Consarc and Vulcan elements commission new strip casting furnace to support US. rare earth magnet production

Consarc Corporation, Rancocas, NJ, and Vulcan Elements, Durham, NC, announced the successful delivery and commissioning of a Vacuum Induction Melting Strip Casting Furnace (VIM-SC) at Vulcan’s facility in North Carolina’s Research Triangle Park. This collaboration represents a key step in strengthening domestic capabilities for rare earth magnet production and bolstering U.S. national security and supply chain resilience.

Engineered and manufactured by Consarc in New Jersey, the state-of-the-art VIM-SC furnace is now fully operational and will enable the rapid solidification of Neodymium Iron Boron (NdFeB) alloys. These materials are essential for producing high-performance magnets used in electric vehicles, renewable energy systems, advanced electronics, and defense applications.

Jai Narayan, president of Consarc Corporation, emphasized the company’s role in supporting critical domestic manufacturing. He noted that Consarc’s vacuum induction melting technology is central to reestablishing a secure U.S. base for rare earth magnet production. John Maslin, chief executive officer of Vulcan Elements, highlighted the importance of domestic equipment partners like Consarc in building a resilient and traceable magnet supply chain.

Consarc, the only U.S. supplier of both pilot and production-scale strip casting furnaces, was selected to provide the VIM-SC furnace as Vulcan scales its operations. The partnership reflects a shared mission to revitalize American manufacturing and reinforce supply chain independence in strategic sectors.

Consarc Corporation is part of the Inductotherm Group and brings over 60 years of experience in vacuum and controlled atmosphere furnace technology. Vulcan Elements specializes in the manufacture of permanent sintered NdFeB magnets and is dedicated to advancing innovation and supply chain security for critical U.S. industries.

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