USAR Impacted by High Project Development Spending: What's Next?
ZACKS·2026-01-14 15:45
Key Takeaways USAR remains pre-revenue, posting a $0.25 per share loss in Q3 2025 with mining assets not yet at scale.USAR saw SG&A jump to $11.4M and R&D to $4.45M, driven by legal fees, hiring and workforce expansion.USAR expects Round Top to begin production in late 2028, earlier than planned, though costs remain a headwind.USA Rare Earth, Inc. (USAR) is working to develop rare earth mining and magnet manufacturing facilities in the United States, including the Round Top mining facility in Texas and a ma ...