USA Rare Earth Deepens Mining Expertise with Appointment of Dr. Alex Moyes as Vice President of Mining

Company Overview - USA Rare Earth (Nasdaq: USAR) has appointed Dr. Alex Moyes as Vice President of Mining to lead mining operations and development at the Round Top deposit, which is the richest heavy rare earth, gallium, and beryllium deposit in the United States [1][2] - The company is focused on securing and growing America's supply chain for heavy rare earth minerals, metals, alloys, and magnets, with a vision for a resilient American rare earths industry [3] Leadership and Expertise - Dr. Moyes brings nearly 20 years of experience in mining, geology, and critical minerals development, previously serving as Director of Critical Minerals and Planning at Ramaco Resources, Inc. [2] - His expertise includes geology, mining engineering, and techno-economic modeling, which will support the company's exploration, extraction, and processing of rare earth elements [2] Strategic Vision - The company aims to develop a rare earth sintered neo magnet manufacturing plant in Stillwater, Oklahoma, to establish domestic supply and processing capabilities [4] - Rare earth magnets are critical to various sectors, including defense, automotive, aviation, industrial, AI robotics, medical, and consumer electronics, indicating a broad market approach [4] - The focus on domestic rare earth production aligns with national priorities, offering potential for a sustainable and secure supply of materials essential to key industries [4]