Core Insights - The United States is intensifying efforts to rebuild domestic mining and processing of rare earths to reduce reliance on China, which currently holds a 90% share of rare-earth refining [1] Group 1: Industry Context - China has spent decades establishing dominance in global critical-minerals supply chains, particularly in the 17 rare earths essential for high-performance applications [1] - The Trump administration's focus on expanding domestic production of rare earths highlights the strategic importance of companies like USA Rare Earth (USAR) [2] Group 2: Company Performance - USAR's stock has shown significant momentum, with a market capitalization of nearly $2.3 billion, a 20.78% increase over the past 52 weeks, and a 30.78% gain in the last six months [6] - The company's shares rose 2.7% on November 26 and an additional 8.2% the following day after the announcement of its inclusion in major FTSE Russell indexes, effective December 22 [3][4] Group 3: Strategic Developments - USAR is constructing an NdFeB magnet manufacturing plant in Stillwater, Oklahoma, aiming for full domestic extraction, processing, and supply capabilities [5] - A recent supply deal secured by USAR's subsidiary, Less Common Metals (LCM), with Solvay and Arnold Magnetic Technologies has further enhanced USAR's credibility as a reliable supplier of rare-earth materials [7]