USA Rare Earth Inc

USAR

Market cap $4.35B

USA Rare Earth wants to open a rare earth mine by 2028, along with a permanent magnet factory. The company received a letter of intent by the U.S. federal government for $1.6 billion.

Seasoned Critical Minerals and Specialty Chemicals Executive to Drive Commercial Strategy Across USA Rare Earth's Integrated Value Chain Seasoned Critical Minerals and Specialty Chemicals Executive to Drive Commercial Strategy Across USA Rare Earth's Integrated Value Chain

Despite promising developments, high uncertainty remains with USA Rare Earth, a pre-revenue start-up focused on building a rare-earth value chain. It's not guaranteed that the company will receive around $1.6 billion in financing from the U.S. Department of Commerce.

USAR takes a 12.5% stake in Carester with InfraVia, securing supply, tech access and backing a France rare earth hub ahead of Caremag's 2026 launch.

Subsidiary Less Common Metals Joins Select Group of Non-Chinese Producers of Commercial-Grade Yttrium Metal Yttrium Plays Critical Role in Aerospace, Defense, and High-Temperature Industrial Applications STILLWATER, Okla., April 15, 2026 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. (Nasdaq: USAR) (the "Company"), an emerging global leader in rare earth materials and technology, today announced the first commercial pour of 2N–2N5 (99%–99.5% purity) yttrium metal through its wholly-owned subsidiary, Less Common Metals Ltd.

USA Rare Earth shareholders should not be concerned by the terms of the U.S. Commerce Department's pending investment in the company, which gives equity to ​Washington even if funding for the deal falls apart, CEO Barbara Humpton told Reuters.

USA Rare Earth, Inc. (USAR) Shareholder/Analyst Call Transcript

USAR ramps up rare earth and magnet projects, but rising costs and pre-revenue status drive losses as commercialization remains years away.

USA Rare Earth is acquiring a minority stake in France's Carester.

USA Rare Earth and InfraVia to Acquire Strategic Minority Stakes in Carester, a Leader in Rare Earth Processing and Separation