Vulcan Elements

Vulcan Elements
Company typePrivate
IndustryRare earth magnets
Founded2023 (2023)
HeadquartersResearch Triangle Park, North Carolina, U.S.
Key people
  • John Maslin (CEO and founder)
  • Jake Bowles (COO)
  • Piotr Kulik (CTO)
  • Scott Glover (CCO)
ProductsNeodymium magnets
Production output
10 metric tons (2025)
Number of employees
30 (2025)
Websitevulcanelements.com

Vulcan Elements is a startup manufacturer of rare earth magnets located in Durham, North Carolina.

In November 2025, the Pentagon's Office of Strategic Capital under the second Donald Trump administration granted the company the largest loan it had ever made, at $620 million.