Vulcan elements secures $65 M in funding to expand rare-Earth magnet production

Azernews.Az

11 August 2025 23:26 (UTC+04:00)

Nazrin Abdul

Rare-earth magnet producer Vulcan Elements announced on Monday that it has raised $65 million in a new financing round led by U.S. investment firm Altimeter Capital Management, Azernews reports, according to reports from the Wall Street Journal.

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