USA Rare Earth

About USA Rare Earth

USA Rare Earth aims to be a leading Western supplier of high-value rare earth magnets and critical minerals, focusing on building one of the largest rare earth magnet manufacturing facilities in the United States to serve diverse industries and enhance national security through domestic production.

Products & Services

Magnet Manufacturing:Building a sintered neo magnet manufacturing facility in Stillwater, OK, planned for commercial operation in 2026, with a capacity of nearly 5,000 metric tons annually, serving industries like defense, robotics, electric vehicles, and semiconductors.

Metal Making:Committed to onshoring rare earth metal making capabilities through partnerships in the United States and South Korea, with potential for expansion.

Processing:Developing proprietary processing capabilities since 2020, including a Continuous Ion Exchange process for rare earth and critical mineral separation, at an R&D facility in Wheat Ridge, CO.

Mining:Operates the Round Top deposit in West Texas, hosting 15 of 17 rare earth elements and other high-tech metals, intended for use in magnet production and supply to industries like U.S. defense.

rare earth elements

oxides

metals

magnets

alloys

strip cast

Specialties

Rare Earth Magnets Critical Minerals Magnet Manufacturing Rare Earth Processing Mining of Rare Earth Elements mine-to-magnet supply chain mining and processing advanced manufacturing national security and defense materials

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: CHIPS Act Federal Funding and Senior Secured Loan T: - FT: CHIPS Act Federal Funding and Senior Secured Loan	A: 1600000000 MR: - FA: 1600000000 FAN: 1600000000	D: 2026-06-03 FD: 2026-06-03	1 investors
2	RT: Government Grant T: - FT: Government Grant	A: 19300000 MR: - FA: up to $19.3 million FAN: 19300000	D: 2026-05-21 FD: 2026-05-21	1 investors
3	RT: Grant T: - FT: Grant	A: 14177600 MR: - FA: 14,177,600 FAN: 14177600	D: 2026-05-12 FD: 2026-05-12	2 investors
4	RT: PIPE T: - FT: PIPE	A: 1500000000 MR: - FA: approximately $1.5 billion FAN: 1500000000	D: 2026-01-29 FD: 2026-01-29	1 investors
5	RT: Debt and Equity (non-binding LOI for loan and funding with equity stake) T: - FT: Debt and Equity (non-binding LOI for loan and funding with equity stake)	A: 1600000000 MR: - FA: $1.6 billion FAN: 1600000000	D: 2026-01-26 FD: 2026-01-26	1 investors
6	RT: PIPE T: - FT: PIPE	A: 75000000 MR: - FA: $75 million FAN: 75000000	D: 2025-05-05 FD: 2025-05-05	1 investors
7	RT: PIPE T: - FT: PIPE	A: 75000000 MR: - FA: $75 million FAN: 75000000	D: 2025-04-30 FD: 2025-04-30	1 investors
8	RT: PIPE T: - FT: PIPE	A: 15250000 MR: - FA: 15.25 million FAN: 15250000	D: 2025-02-04 FD: 2025-02-04	2 investors

CHIPS Act Federal Funding and Senior Secured Loan Latest

2026-06-03

$1.6B

1 investor (Pro only)

Government Grant 2026-05-21

$19.3M

Grant 2026-05-12

$14.2M

View 7 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

B

Barbara Humpton

Chief Executive Officer

W

W. Robert Steele

Chief Financial Officer

V

Valerie Ford Jacob

Chief Legal Officer

G

Grant Smith

Chairman of USAR subsidiary Less Common Metals

G

Greg Bowman

Chief Global Policy Officer and Head of External Affairs

D

David Bushi

Senior Vice President of Manufacturing

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Recent News

USA Rare Earth Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised