Supplier · United States
USA Rare Earth
Updated HQ StillwaterFounded 2019201-500 employeesNASDAQ: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
- 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
Federal Obligations by Year (All USAspending, as Reported at the Time)
| Fiscal year | Direct: contracts |
|---|---|
| FY2025 | $1.5M |
| FY2024 | $99K |
Direct is the company's own reviewed UEIs. Reported by USAspending is subsidiaries as reported by USAspending: recipients that name this company as their parent, not yet reviewed ownership.
Recipients (UEIs) tied to this company
- USA RARE EARTH LLC · KNXMRN2SD8J6 · $99K
Each action counts for the company USAspending reported on that row, so a subsidiary's dollars count for USA Rare Earth only for the period it reported USA Rare Earth as its parent. Net of de-obligations; these are obligations, not ceilings. They come from the whole USAspending baseline (every recipient size, contracts and assistance) and are a separate view from the curated contract totals on this page. Fiscal year 2027 is partial.
Funding6 rounds · $75.6M
- Equity raised
- $75.6M
- Latest
- $659KStage undisclosed · Oct 9, 2023
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Oct 9, 2023 | Undisclosed | $659K | — | — | — | Confirmed |
| Sep 1, 2023 | Undisclosed | $12.6M | — | — | — | Confirmed |
| Mar 3, 2021 | Undisclosed | $51.0M | — | — | — | Confirmed |
| Jul 22, 2020 | Undisclosed | $2.5M | — | — | — | Confirmed |
| Apr 27, 2020 | Undisclosed | $3.8M | — | — | — | Confirmed |
| Aug 23, 2019 | Undisclosed | $4.9M | — | — | — | Confirmed |
- UndisclosedConfirmed$659KOct 9, 2023
- UndisclosedConfirmed$12.6MSep 1, 2023
- UndisclosedConfirmed$51.0MMar 3, 2021
- UndisclosedConfirmed$2.5MJul 22, 2020
- UndisclosedConfirmed$3.8MApr 27, 2020
- UndisclosedConfirmed$4.9MAug 23, 2019
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Capabilities2
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Advanced manufacturing and materials | Supplier | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Mine-to-magnet supplier of NdFeB magnets and metals; defense use is not stated in the text but is evident for rare-earth magnets. | Reported |
| Permanent-magnet manufacturing | Supplier | Limited fielding | — | — | Reported |
- Supplierclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Mine-to-magnet supplier of NdFeB magnets and metals; defense use is not stated in the text but is evident for rare-earth magnets.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
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.
Sources12
Show all 12 sources and supporting evidence
Profile3
- 1Government 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 Organization
“establishing production capability for up to 10,000 tons per annum of rare earth metal alloy and Neodymium Iron Boron (NdFeB) magnets”
- 2
Octen Business Search · Supports Organization · employee range, Organization · linkedin url
“employee_range: 201-500 (profile: 201-500 employees)”
- 3Regulatory 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
- 4CompanyUSA 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”
Funding6
- 5Regulatory filingUSA Rare Earth, LLC - SEC Form D (0001787434-23-000005)
U.S. Securities and Exchange Commission · Nov 22, 2023 · Supports Funding round · amount
“Total Amount Sold $ 659,376 USD”
- 6Regulatory filingUSA Rare Earth, LLC - SEC Form D (0001787434-23-000004)
U.S. Securities and Exchange Commission · Nov 21, 2023 · Supports Funding round · amount
“Total Amount Sold $ 12,642,983 USD”
- 7Regulatory filingUSA Rare Earth, LLC - SEC Form D (0000910680-21-000057)
U.S. Securities and Exchange Commission · Sep 20, 2021 · Supports Funding round · amount
“Total Amount Sold $ 51,000,000 USD”
- 8Regulatory filingUSA Rare Earth, LLC - SEC Form D (0000910680-20-000060)
U.S. Securities and Exchange Commission · Aug 6, 2020 · Supports Funding round · amount
“Total Amount Sold $ 2,514,430 USD”
- 9Regulatory filingUSA Rare Earth, LLC - SEC Form D (0000910680-20-000046)
U.S. Securities and Exchange Commission · May 8, 2020 · Supports Funding round · amount
“Total Amount Sold $ 3,830,000 USD”
- 10Regulatory filingUSA Rare Earth, LLC - SEC Form D (0001787434-19-000001)
U.S. Securities and Exchange Commission · Sep 6, 2019 · Supports Funding round · amount
“Total Amount Sold $ 4,910,000 USD”
Trade controls2
- 11Government 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”
- 12
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.