USAR
NASDAQ
Rare Earth

USA Rare Earth, Inc.

Listed on Nasdaq Stock Market (NASDAQ)

USA Rare Earth is building an integrated rare-earth and permanent-magnet platform spanning the United States, Brazil and the United Kingdom. Its assets include the operating Pela Ema mine and processing operation in Goiás, the Round Top deposit in Texas, the Wheat Ridge processing R&D facility, Less Common Metals in Cheshire, and magnet manufacturing facilities in Stillwater and Blacksburg.

Company site
Market Cap$3.76B
Enterprise Value$2.23B
Cash$1.53B
Debt$3.20M
Listed OnNasdaq Stock Market (NASDAQ)
Shares Outstanding244.72M
Reporting DateSep 19, 2026
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Company Documents

Latest Coverage

Sep 24, 2026

USA Rare Earth Breaks Ground on $1.2 Billion Blacksburg Magnet Project

USA Rare Earth has moved its Blacksburg, South Carolina magnet and rare-earth-metals project from site selection to groundbreaking, but the disclosed milestone remains an execution step rather than evidence of operating output or revenue.

Sep 23, 2026

USA Rare Earth Closes Serra Verde Deal, Adding Brazil Mine for $300M and 126.8M Shares

USA Rare Earth completed its acquisition of Serra Verde on September 3, adding full ownership of Brazil’s Pela Ema mine and processing plant. The completed deal changes USAR’s asset base, but investors must separate the $300 million cash-and-share merger consideration from assumed financing obligations and from the earlier ~$2.8 billion agreement headline.

Sep 19, 2026

USA Rare Earth's $1.55 Billion Serra Verde Deal Does Not Fund Round Top

The $1.55 billion support package belongs to a Serra Verde offtake vehicle in Brazil, not the Round Top project in Texas. USA Rare Earth now has a broader operating platform, but Round Top still lacks disclosed construction financing, demonstrated production and an asset-specific execution timetable.

Aug 24, 2026

USA Rare Earth’s $1.55 Billion Serra Verde Offtake Turns Price Floors Into Policy

USA Rare Earth’s newly capitalized $1.55 billion Serra Verde offtake vehicle gives 100% of Phase I output take-or-pay support and floor prices for Nd, Pr, Dy and Tb, shifting the acquisition thesis from commodity-price exposure toward execution, integration and policy-backed counterparty risk.

Jul 30, 2026

USA Rare Earth’s Carester Stake Fills the Separation Gap, but Adds Another Commissioning Clock

USA Rare Earth’s 13.6% Carester stake gives it access to planned French heavy rare-earth separation capacity, but the investment adds another commissioning and integration deadline across Serra Verde, Lacq and Stillwater.

Jul 18, 2026

USA Rare Earth’s Dysprosium Breakthrough Shifts the Risk From Chemistry to Scale

USA Rare Earth has produced commercial-grade dysprosium and NdPr oxide from recycled magnet scrap, a meaningful technical milestone that now faces qualification, repeatability, scale-up and cost tests.