USAR Subsidiary LCM and Solvay Secure Samarium Supply

STILLWATER, Okla. - USA Rare Earth’s wholly owned subsidiary, Less Common Metals (LCM), has signed a strategic agreement with Solvay to supply Samarium material to Permag, a manufacturer of high‑precision magnets and magnetic assemblies.

Under the deal, Solvay will concentrate and separate rare‑earth oxides and LCM will apply its metallization expertise to produce Samarium metal for the European market and Permag’s global customers. Samarium is a critical input for high‑performance magnets used in advanced manufacturing, defense and clean‑energy technologies, and the partnership is intended to meet rising demand for Samarium magnets over the next three to five years.

USA Rare Earth CEO Barbara Humpton said the collaboration highlights LCM’s metal‑making capabilities and will strengthen Europe’s access to rare‑earth materials while reinforcing allied supply‑chain resilience and economic priorities.

USAR completed its acquisition of LCM on November 18, 2025. As a subsidiary, LCM will continue serving its global customer base and provide alloy feedstock to USA Rare Earth’s Stillwater, Oklahoma, magnet manufacturing facility, which remains on schedule for first‑quarter 2026 commissioning.