Supplier · United States
USA Rare Earth
HQ Stillwater, United StatesFounded 2019NASDAQ:USAR
US developer of a mine-to-magnet chain: an NdFeB magnet plant in Stillwater, Oklahoma, the Round Top deposit in Texas, and the UK metal and alloy maker Less Common Metals.
- AcquisitionsLess Common Metals
- SubsidiaryLess Common Metals
Technologies1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Permanent-magnet manufacturing | Supplier | Limited fielding | — | — | Reported |
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
Government awards & programs2 awards · up to $1.58B ceiling
Awards received2
| Announced | Award | Agency | Type | Program | Obligated | Ceiling | Confidence |
|---|---|---|---|---|---|---|---|
| Jun 3, 2026 | CHIPS loan agreementpress:usa-rare-earth:2026-06-03:loan | U.S. Department of Commerce | Loan | — | — | Up to $1.30B | Confirmed |
| Jun 3, 2026 | CHIPS incentives final awardpress:usa-rare-earth:2026-06-03 | U.S. Department of Commerce | Grant | — | — | Up to $277M | Confirmed |
- Up to $1.30BCeiling
- Up to $277MCeiling
Obligated is what has been committed so far; ceiling is the most the award can reach. Joint values cover all recipients and are excluded from this company’s money totals.
Supply chain1 input · 1 facility
Produces, processes or develops1
| Input | Relation | Criticality | Capacity | Global share | Facility | Confidence |
|---|---|---|---|---|---|---|
| NdFeB permanent magnets | Produces | Critical | 600 tonnes/yr magnets | — | Stillwater magnet plant | Confirmed |
- Produces · 600 tonnes/yr magnets · Stillwater magnet plantPhase 1a run-rate target by end of Q4 2026; company targets 1,200 t/yr active capacity in Q1 2027.CriticalConfirmed
Facilities1
| Facility | Kind | Location | Status | Confidence |
|---|---|---|---|---|
| Stillwater magnet plant | Factory | Stillwater, Oklahoma, United States | Operating · 2026 | Confirmed |
- Stillwater magnet plantFactory · Stillwater, Oklahoma, United StatesOperating · 2026Confirmed
Trade controls1
| List | Issuer | Kind | Effective | Detail | Confidence |
|---|---|---|---|---|---|
| MOFCOM Export Control Control List (Announcement No. 23 of 2026) | China | Designation | Jun 22, 2026 | Added with eight other US entities (including drone makers Red Cat and Teal Drones); Chinese exporters may not export dual-use items to listed entities. | Confirmed |
- MOFCOM Export Control Control List (Announcement No. 23 of 2026)China · Designation · Jun 22, 2026Added with eight other US entities (including drone makers Red Cat and Teal Drones); Chinese exporters may not export dual-use items to listed entities.Confirmed
Listings by governments that restrict trade with, or investment in, this organization. A listing is a legal status, not a finding about conduct.
- Sep 23, 2026NewsBloombergUSA Rare Earth: How the Magnet Maker Landed $1.6 Billion in US Funding
- Jun 22, 2026News (high significance)ReutersChina targets US rare earth and other firms with export controls
- Jun 3, 2026Government record (high significance)National Institute of Standards and TechnologyDepartment of Commerce's CHIPS Program Finalizes Definitive Agreement With USA Rare Earth For Up To $1.6 Billion
Sources5
Profile1
- 1Regulatory filingUSA Rare Earth, Inc. Form 10-K (FY2024)
Supports Organization · founded year
“History of USARE USA Rare Earth, LLC, a Delaware limited liability company, was organized in Delaware in 2019.”
Technologies1
- 2CompanyUSA Rare Earth Achieves Major Operational and Strategic Milestone with Commissioning of Phase 1a
USA Rare Earth (GlobeNewswire) · Mar 26, 2026 · Supports Facility, Organization, Organization input, Organization technology
“Phase 1a is expected to ramp to a run rate capacity of 600 mtpa by the end of Q4 2026”
Government1
- 3Government recordDepartment of Commerce's CHIPS Program Finalizes Definitive Agreement With USA Rare Earth For Up To $1.6 Billion
National Institute of Standards and Technology · Jun 3, 2026 · Supports Government award, Organization
“the signing of a final award for up to $277 million in federal incentives and a loan agreement for up to $1.3 billion”
Trade controls2
- 4Government record商务部公告2026年第23号
Ministry of Commerce of the People's Republic of China · Jun 22, 2026 · Supports Trade control
“禁止出口经营者对上述10家实体出口两用物项”
- 5
Reuters · Jun 22, 2026 · Supports Trade control
“China added MP Materials (MP.N) and USA Rare Earth (USAR.O) as well as eight other U.S. entities”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.