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USA Rare Earth (USAR) is a company focused on building a domestic rare earth magnet supply chain in the United States. It operates a rare earth mining site at Round Top Mountain in West Texas. This site contains valuable minerals like neodymium, dysprosium, terbium, gallium, beryllium, and lithium. These materials are essential for industries such as defense, automotive, aviation, industrial, medical, and consumer electronics.
The company is also constructing a 310,000-square-foot rare earth magnet manufacturing facility in Stillwater, Oklahoma. Production is expected to begin in early 2026. This aims to reduce U.S. dependence on China, which currently dominates rare earth magnet production. USA Rare Earth has signed agreements with companies like Moog Electric Motion Solutions. They will supply neo magnets for data center cooling solutions.
Financially, USA Rare Earth is publicly traded under the ticker USAR. It has been attracting attention from investors, particularly in options trading. The company has also secured $75 million in PIPE financing to support its expansion.
