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USA Rare Earth shares reach record high after CEO confirms talks with Trump administration
New York Post· 2025-10-03 17:25
USA Rare Earth surged to an all-time high Friday after CEO Barbara Humpton said the company is in talks with the Trump administration about potential government support.The company’s shares jumped more than 18%, to $32.45, giving the Dallas-based miner a market value of $2.59 billion.The stock has more than doubled this year. 4 USA Rare Earth surged to an all-time high Friday after CEO Barbara Humpton confirmed the company is in discussions with the Trump administration over potential government support. ...
USA Rare Earth Stock Jumps On White House Talks — Will Trump Take A Stake?
Benzinga· 2025-10-03 13:14
USA Rare Earth, Inc. (NASDAQ:USAR) stock climbed on Friday in premarket trading as investors digest comments from the CEO confirming the company is in discussion with the Trump administration. USAR stock is climbing. See the real-time price action here. USA Rare Earth shares climbed sharply after CEO Barbara Humpton told CNBC the company is in regular talks with the White House, sparking speculation about a possible deal. Read Next: Tesla, Rivals Brace For EV Market ‘Collapse’—Thanks To Trump"We are in clos ...
USA Rare Earth Names Barbara Humpton as CEO
Globenewswire· 2025-09-29 10:00
Core Insights - USA Rare Earth, Inc. has appointed Barbara Humpton as the new CEO, effective October 1, 2025, succeeding Josh Ballard [1][4] - Humpton brings extensive experience from her previous role as President and CEO of Siemens USA, where she led significant growth initiatives [2] - The company aims to become a leading supplier of critical rare earth minerals and magnets, leveraging its domestic supply chain strategy [2][5] Company Leadership - Barbara Humpton is recognized as a transformational leader with a strong background in critical infrastructure and national defense [2] - Humpton has held various leadership roles, including President and CEO of Siemens Government Technologies and positions at Booz Allen Hamilton and Lockheed Martin [2][3] - Josh Ballard will continue to support the company in a consulting role until October 31, 2025 [4] Strategic Vision - Humpton emphasizes the importance of securing a domestic supply chain for rare earth minerals, which is critical for national and global security [2] - USA Rare Earth is developing a rare earth sintered neo magnet manufacturing plant in Stillwater, Oklahoma, to support its supply chain and market surplus materials [5] - The company targets various industries, including defense, automotive, and consumer electronics, to provide high-quality neo magnets [5]