08:04 AM EDT, 08/12/2025 (MT Newswires) -- USA Rare Earth ( USAR ) said Tuesday it has signed a memorandum of understanding with Enduro Pipeline Services for the delivery of neo magnets.
Enduro's advanced pipeline pigs use high-powered neodymium magnets to collect ferrous debris, detect defects and track their location within the
pipeline, according to a statement.
USA Rare Earth ( USAR ) said it aims to begin production of neo magnets in early 2026.