According to foreign media, American Rare Earth Company, a vertically integrated magnet technology company, recently announced that former US Secretary of State Mike Pompeo had joined American Rare Earth Company as a strategic consultant.
Chief Executive Officer Tom Schneiderberg said that Peng Peo’s position in the government and his aerospace manufacturing background would provide a valuable perspective for the company to establish a fully integrated U.S. supply chain.
American rare earth company is re-commissioning an expandable sintered rare earth magnet manufacturing system in the United States, and developing the first domestic heavy rare earth production plant.
“I am very happy to join the United States rare earth team. We are building a fully integrated U.S. supply chain for rare earth elements and permanent magnets. The supply of rare earth is crucial to reducing dependence on foreign countries and creating more jobs for the United States,” Peng Peiao commented. Source: cre.net