The Pentagon's January 2027 rare-earth magnet deadline is real, but the compliant supply chain isn't ready. Here's what that means for defense primes and
Company Profile
Permag
Overview
About Permag
Permag is a U.S.-based manufacturer of engineered rare-earth and specialty permanent magnets, formed in 2025 by uniting three industry leaders — Dexter Magnetic Technologies, Electron Energy Corporation and Magnetic Component Engineering — under the Permag brand (parent Magnetic Holdings, LLC). Permag is the only North American producer of samarium-cobalt (SmCo) magnets and also manufactures neodymium-iron-boron (NdFeB) and Alnico magnets, taking refined powders through milling, pressing, sintering, precision machining and coating to deliver finished magnetic assemblies. The company serves aerospace, defense, medical, semiconductor and space markets requiring high-temperature, high-reliability magnetic solutions. In 2025 Permag announced a multi-million-dollar investment to expand domestic SmCo manufacturing capacity at its Electron Energy Corporation facility in Lancaster, Pennsylvania, more than doubling production, strengthening the U.S. supply chain for samarium, cobalt, neodymium and praseodymium-based magnets.
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Recent Articles
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2025 marked the shift from aspiration to action in building ex-China rare earth supply chains—mines secured funding, refineries broke ground, magnets shipped.
FCC drone ban blocks Chinese UAS from U.S. markets, forcing supply chain overhaul from motors to rare-earth magnets as American firms scramble to fill gap.
Sixth-generation fighters like the F-47 NGAD need rare-earth magnets, but China controls 99% of supply—threatening U.S. air supremacy.
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Ex-China rare earth supply chain builds toward 2026-2028, led by MP Materials & Lynas, but glut risks loom amid China's dominance.
U.S., Saudi Arabia, and global allies forge new rare earth supply chain deals worth billions to counter China's dominance in critical minerals.
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Global rare earth supply chain deals intensify as U.S., Europe, and allies race to diversify beyond China with new financing and partnerships.
Permag's strategic deal with Solvay and LCM secures Western Samarium Cobalt magnets supply chain for defense and aerospace applications.
Noveon Magnetics partners with Kangwon Energy to build a 2,000-ton NdFeB magnet manufacturing plant in South Korea, creating a Trans-Pacific supply corridor ou…
G7 pledges $6.4B for critical minerals but China controls 85% of refining. Analysis reveals why Beijing's rare earth dominance will persist.
Trump-Xi truce pauses tariffs but China rare earth dominance persists. US supply chain vulnerabilities remain despite billions in investments.
China's rare earth export controls pose strategic challenges for U.S. industrial policy and global technology supply chains, demanding urgent investment and in…
China dominates 85-90% of global rare earth magnet production, creating strategic vulnerabilities for the US and driving urgent efforts to build domestic manuf…
Permag expands SmCo magnet production to meet DFARS 252.225-7052 requirements, targeting domestic supply chain compliance by 2026.
Permag emerges as a strategic merger of three magnetic technologies companies, positioning themselves for DFARS compliance and domestic supply chain resilience.
