USA Rare Earth (USAR) Soars 40% on Site Progress; Govt Eyes $1.6-Billion Stake
Yahoo Finance·2026-01-26 00:03

Group 1 - USA Rare Earth Inc. (NASDAQ:USAR) experienced a significant increase of 40.02% week-on-week, driven by advancements in the Round Top Rare Earth Project in Sierra Blanca, Texas [1] - The company has partnered with Fluor and WSP for Engineering, Procurement, and Construction Management (EPCM) to progress the Definitive Feasibility Study for the Round Top site [2] - The first phase of the feasibility study will utilize results from the ongoing solvent extraction (SX) pilot work at the Wheat Ridge, Colorado facility, with the demonstration plant expected to operate for at least 2,000 continuous hours until October 2026 [3] Group 2 - USA Rare Earth plans to conduct confirmatory and geotechnical drilling at Round Top in the first half of 2026, alongside a heap leach optimization study to support mine design and engineering [4] - The US government is set to acquire a $1.6 billion stake in USA Rare Earth, which is anticipated to influence investor sentiment when markets reopen [4]

USA Rare Earth (USAR) Soars 40% on Site Progress; Govt Eyes $1.6-Billion Stake - Reportify