USA Rare Earth, Inc.

USA Rare Earth, Inc. aims to be a global leader in critical minerals and advanced materials, focusing on rare earth elements, oxides, metals, and magnets. These materials are essential for national security, technological innovation, and advanced manufacturing. The company is developing an integrated rare earth mine-to-magnet value chain. It holds mining rights to what it believes is one of North America's largest recoverable deposits of heavy rare earth elements (HREE), including dysprosium, terbium, and yttrium, along with critical minerals like gallium and hafnium. These resources are intended to meet the company's metal and magnet production needs and global third-party demand. The company's projects include establishing a domestic rare earths supply chain through a proposed collaboration with the U.S. Government. Under a letter of intent signed in January 2026, the U.S. government is expected to provide $1.6 billion in direct funding awards and loans under the CHIPS Act.