USA Rare Earth Inc

USAR

Market cap $4.12B

MP appears to hold the near-term edge over USAR as U.S. magnet capacity ramps. Here's how their growth, funding and profits stack up.

The Round Top deposit is unique for its high heavy rare earth content. Management's 2030 targets imply the stock is an excellent value, but it needs to execute on its operational plans.

Cantor Fitzgerald's involvement in USA Rare Earth raises conflict of interest concerns, three Democratic senators said in a letter obtained by CNBC. Cantor brokered a fundraising round that USA Rare Earth needed to secure funding from the Commerce Department.

USA Rare Earth is developing a mine for rare-earth metals and a magnet factory. Over the long term, the company could produce homegrown permanent magnets for U.S. companies.

The U.S. government recently made a significant investment in USA Rare Earth. The company could begin booking revenue as soon as this year.

A massive new investment wave from Japan is putting key corners of the U.S. energy and industrial markets back in the spotlight. President Donald Trump announced that Japan has begun deploying the first projects under its $550 billion investment commitment to the U.S. — targeting LNG exports, power generation, and critical minerals.

USA Rare Earth remains pre-revenue as costs surge, but its Round Top project now targets commercial production in 2028, two years ahead of schedule.

The United States is boosting its domestic rare-earth supply chains to reduce reliance on China. USA Rare Earth signed a letter of intent for $1.6 billion in funding through a non-binding agreement with the U.S. Department of Commerce.

USA Rare Earth recently announced two separate funding deals: one from the U.S. government and the other from private investors. The deals will help fund USA Rare Earth at a critical time, but come at a steep price to existing shareholders.

USAR stock jumps 35.6% in three months as Stillwater magnet plant nears production and $1.5B financing boosts expansion plans.