Vulcan Elements commissions Consarc furnace for NdFeB magnet production
June 16, 2025
Consarc Corporation, Westampton Township, New Jersey, USA, has announced the successful delivery and commissioning of a Vacuum Induction Melting Strip Casting Furnace (VIM-SC) at Vulcan Elements’ new facility in The Research Triangle, North Carolina. This collaboration focuses on reshoring the production of rare earth magnets, thereby strengthening US national security and supply chain resilience.
The VIM-SC furnace enables the rapid solidification of Neodymium Iron Boron (NdFeB) alloys, which are critical for high-performance magnets used in electric vehicles, defence systems, wind turbines, and advanced electronics.
“As a wholly US-owned manufacturer of vacuum induction melting (VIM) technology capable of casting NeFeB and other critical alloys, Consarc is proud to play a vital role in reestablishing America’s rare-earth magnet manufacturing base,” said Jai Narayan, president of Consarc Corporation. “Our capabilities support national security, clean energy, and advanced manufacturing by ensuring a reliable domestic supply of this critical technology.”
John Maslin, Chief Executive Officer of Vulcan Elements, shared, “Vulcan Elements’ mission is to onshore a secure, traceable, and transparent rare earth magnet supply chain.”
“To meet that mission, America needs a strong and resilient manufacturing equipment base. As demonstrated by this newly-commissioned strip casting furnace, Consarc is a core part of that ecosystem, and Vulcan Elements is committed to developing and galvanising domestic equipment production by working with partners like Consarc,” Maslin continued.
Reputedly the only US supplier of both pilot and production-scale strip casting furnaces, Consarc was selected to supply the VIM-SC furnace, beginning a partnership that is hoped to grow with Vulcan’s expanding operations.
