USA Rare Earth Finalizes Definitive Agreements with U.S. Department of Commerce, Unlocking Access to Up to $1.6 Billion to Advance the Leading Rare Earth Value Chain
USA Rare Earth has finalized agreements with the U.S. Department of Commerce to access up to $1.6 billion in funding under the CHIPS Act, supplementing $1.5 billion in private capital raised earlier. The combined ~$3.5 billion capital will be used to develop and expand its vertically integrated domestic rare earth mining, processing, metal, and mag…
