All articles tagged with #usa rare earth
USA Rare Earth will acquire Serra Verde in Goiás, Brazil, for $2.8 billion in a cash-and-stock deal, creating a fully integrated rare-earths platform in the US; Serra Verde is expected to account for about half of heavy rare earths outside China by 2027, underscoring Washington’s push to diversify critical minerals away from China.
USA Rare Earth's stock rose after a nonbinding letter of intent for about $1.6 billion in federal financing and $1.5 billion in equity, prompting analysts to lift targets—up to $45. The company aims to mine about 40,000 tons of ore daily and produce 10,000 tons of rare-earth magnets annually by 2030 to help meet U.S. demand.
The US government plans a non-binding $1.6 billion investment in USA Rare Earth to fund mining, processing, metal-making, and magnet production for heavy rare earths, via a $1.3 billion loan and $277 million in federal funding. The move aims to reduce dependence on China and strengthen domestic critical-mineral supply chains, with the company also tapping private funding as part of the broader push to secure strategic resources.
The Commerce Department plans a $1.3 billion loan and $277 million in federal funding to USA Rare Earth, in exchange for 16.1 million shares and 17.6 million warrants that would give the government an 8%–16% stake once warrants are exercised. The deal, part of a push to build a Western rare earth supply chain, funds the company’s magnet plant in Stillwater, Oklahoma, and the Round Top mine in Texas, with total project costs around $4.1 billion and about $3.5 billion already secured from cash, private funding, and the government package. Disbursement is 2026–2028 based on milestones, and the agreement is subject to final approvals; the company has already raised $1.5 billion from private investors. Shares rose more than 20% on the news.
The Financial Times reports the United States will invest $1.6 billion for a 10% stake in Oklahoma-based USA Rare Earth (16.1 million shares plus warrants for 17.6 million at $17.17) and pair it with a separate $1 billion private financing, as part of a broader push to onshore critical minerals for the semiconductor supply chain. The deal would support USA Rare Earth's Sierra Blanca, Texas mine and Stillwater, Oklahoma magnet facility with first-half 2026 commercial operation targeted; Cantor Fitzgerald is leading the fundraising.
Rare earth stocks surged as the US and Australia committed over $3 billion to critical mineral projects, with potential US government investments in American Resources and USA Rare Earth, amid a broader push to establish a non-China supply chain for rare earth elements and strengthen national security and technological capabilities.
USA Rare Earth's stock surged after announcing a merger with Less Common Metals and confirming talks with the White House, highlighting its strategic move to secure supply chain resources and potential government support in the rare earths industry.
USA Rare Earth shares hit a record high after CEO Barbara Humpton revealed close discussions with the White House, amid U.S. efforts to boost domestic critical mineral production and reduce reliance on China. The company is developing mines and magnet facilities in the U.S., with its shares more than doubling this year, reflecting increased interest in reshoring critical mineral supply chains.
USA Rare Earth stock surged over 30% after CEO Barbara Humpton announced ongoing discussions with the Trump administration, highlighting efforts to strengthen U.S. control over critical minerals and reduce reliance on China.