USA Rare Earth, Inc.

USA Rare Earth, Inc. is an American mining and manufacturing company dedicated to establishing a secure, domestic supply chain for rare-earth elements (REEs) and permanent magnets. Headquartered in Stillwater, Oklahoma, the company's core mission is to build a leading global rare earth value chain, from mine to magnet and beyond, to reduce reliance on foreign sources and support national security and critical industries.

The company specializes in the extraction, processing, and production of heavy rare-earth elements and sintered neodymium-iron-boron (NdFeB) permanent magnets. These essential materials are critical components for various high-tech sectors, including defense, electric vehicles, renewable energy, consumer electronics, aerospace, and advanced manufacturing. USA Rare Earth operates with a vertically integrated "mine-to-magnet" strategy, encompassing mining, separation, metal production, and magnet manufacturing, and holds mining rights to the significant Round Top Mountain deposit in West Texas.

Recent notable developments include the April 2026 announcement of a definitive agreement to acquire Serra Verde Group for approximately $2.8 billion, a move aimed at creating a global rare earth leader and securing a strategic supply chain asset outside Asia. In the same month, the company achieved its first commercial production of yttrium metal through its UK subsidiary, Less Common Metals. USA Rare Earth also commissioned Phase 1a commercial magnet production at its Stillwater, Oklahoma facility in March 2026. Barbara Humpton serves as the Chief Executive Officer, guiding the company's efforts to build this integrated rare earth value chain, with the U.S. government committing access to $1.6 billion through the CHIPS and Science Act program, underscoring the national importance of these domestic capabilities.