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Niron receives USD 150 million U.S. government loan for rare-earth-free magnets
On August 7, Niron Magnetics announced a commitment from the Department of War's Office of Strategic Capital for a USD 150 million loan with a 20-year term to support construction and equipment for an advanced manufacturing plant in Sartell, Minnesota.
The financing would accelerate domestic production of Niron's pro....
The financing would accelerate domestic production of Niron's pro....
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