5N Plus to Expand St. George, Utah, Facility by Approximately 50%

09:34 AM EDT, 09/22/2026 (MT Newswires) -- 5N Plus (VNP.TO) is planning to expand its St. George, Utah rare-earths refining facility by approximately 50%, it said Tuesday. The company expects construction to begin in the third quarter of 2026 and to be completed by the second half of 2027, it said. "The St. George facility, wholly owned by 5N+ since 2014, transforms germanium, indium antimonide, gallium arsenide, cadmium telluride and cadmium zinc telluride into high-value semiconductor materials, wafers, substrates and selected components," the company said. The company said the St. George expansion project, including the gradual installation of new equipment, will be funded within its existing capital expenditure plans and support from customers. "Expanding our existing St. George facility will create a capital-efficient and scalable platform to increase our capacity in step with customer demand, leveraging the site's established operations, experienced team and technical expertise," said Chief Executive Officer Richard Perron. "Our project execution plan will also accelerate time to market for customer-backed opportunities, while having an expanded facility will provide flexibility to support additional growth over time across our core end markets." Price: 28.56, Change: +0.89, Percent Change: +3.22