Stillwater MOU Advances USA Rare Earth Electric Improvements
- Document date
- Oct 19, 2026
The 30-second brief
Stillwater City Council is scheduled to approve a memorandum of understanding with USA Rare Earth Magnets, LLC. The MOU coordinates electric-system planning and negotiations for a manufacturing expansion requiring up to approximately 70 MW of additional capacity.
USA Rare Earth Magnets LLC holds this contract with City of Stillwater.
Term as filed: Effective September 28, 2026; remains in effect until definitive arrangements are completed or the parties terminate it in writing.
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Contract details
- Document date
- October 19, 2026
- Term
- Effective September 28, 2026; remains in effect until definitive arrangements are completed or the parties terminate it in writing
- Agency
- City of Stillwater
- Source document
- City of Stillwater AgendaPacket City Council Meeting Agenda 2026-10-19 (AgendaPacket)
USA Rare Earth Magnets LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Stillwater?
USA Rare Earth Magnets LLC was awarded this government contract by City of Stillwater, as recorded on October 19, 2026.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Stillwater AgendaPacket City Council Meeting Agenda 2026-10-19 (AgendaPacket), dated October 19, 2026 from City of Stillwater. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does USA Rare Earth Magnets LLC hold?
USA Rare Earth Magnets LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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