USA Rare Earth, Enduro Pipeline Services sign MOU

USA Rare Earth (USAR) announced it has signed a memorandum of understanding, MOU, with Enduro Pipeline Services for delivery of the Company’s neo magnets, of which USAR plans to begin production in early 2026. “We’ve always believed that when American companies support each other, the entire industry gets stronger,” said Dwane Laymon, CEO of Enduro Pipeline Services. “Sourcing rare earth magnets domestically-from a fellow Oklahoma manufacturer-does more than improve our supply chain. It helps keep jobs in our state, strengthens our economy, and reinforces our ability to deliver dependable tools to pipeline operators. We stand behind every product we make, and we’re proud to say it’s built in the U.S.A.”