NasdaqGM:USARMetals and Mining
USA Rare Earth Funding Reshapes Mine To Magnet Opportunity And Risks
USA Rare Earth (NasdaqGM:USAR) has secured $1.6b in U.S. government funding and $1.5b in private investment.
The capital is earmarked for building out a domestic rare earth supply chain and magnet manufacturing capacity.
Key projects include the Round Top mine in Texas and a magnet manufacturing facility in Oklahoma.
The funding involves federal equity and debt participation alongside private capital partners.
For investors watching NasdaqGM:USAR, this funding comes as the stock trades at...