USA Rare Earth, Inc. is a U.S.-based company focused on the mining, processing, and supply of rare earth elements and critical minerals. Founded in 2019 and headquartered in Stillwater, Oklahoma, the company aims to establish a domestic supply chain for rare earth magnets, reducing U.S. dependence on foreign sources. It holds significant interests in the Round Top Mountain deposit in Texas, which contains a wide range of rare earth elements and other strategic metals.
The company's core operations include mining and exploration, processing and refining, and magnet manufacturing. USA Rare Earth is constructing a facility in Stillwater to produce sintered neodymium magnets, expected to be operational in 2026. Additionally, it plans to launch an Innovations Lab in 2025 to develop and prototype magnet products. USA Rare Earth serves various industries, including defense, electric vehicles, renewable energy, robotics, and consumer electronics, addressing a critical need for domestic production of rare earth materials.
USA Rare Earth, Inc. is a U.S.-based company focused on the mining, processing, and supply of rare earth elements and critical minerals. Founded in 2019 and headquartered in Stillwater, Oklahoma, the company aims to establish a domestic supply chain for rare earth magnets, reducing U.S. dependence on foreign sources. It holds significant interests in the Round Top Mountain deposit in Texas, which contains a wide range of rare earth elements and other strategic metals.
The company's core operations include mining and exploration, processing and refining, and magnet manufacturing. USA Rare Earth is constructing a facility in Stillwater to produce sintered neodymium magnets, expected to be operational in 2026. Additionally, it plans to launch an Innovations Lab in 2025 to develop and prototype magnet products. USA Rare Earth serves various industries, including defense, electric vehicles, renewable energy, robotics, and consumer electronics, addressing a critical need for domestic production of rare earth materials.