The United States supports rare earth mining, and it is reported that Washington will acquire a 10% stake in USA Rare Earth

AASTOCKS
2026.01.26 01:03

According to Reuters, the Trump administration will acquire a 10% stake in USA Rare Earth (USAR.US) as part of a $1.6 billion debt and equity investment plan aimed at assisting the company in developing domestic mining and magnet production facilities. The U.S. government will obtain 16.1 million shares of the company and an additional 17.6 million warrants, both priced at $17.17 per share.

The company is set to hold an investor conference call today (26th) to announce this transaction and another $1 billion private investment. The company is currently collaborating with Texas Mineral Resources (TMRC.US) to develop a mining site in Texas, which is expected to be operational by 2028; its magnet manufacturing plant located in Oklahoma is expected to be operational later this year