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USA Rare Earth, Inc. (USAR) Eyes Commercial Production at Round Top Heavy Rare Earth Deposit in Texas
Yahoo Finance· 2026-01-15 18:14
Group 1 - USA Rare Earth, Inc. is accelerating the commercialization timeline for its Round Top heavy rare-earth deposit in Texas, now aiming for commercial production by late 2028, two years earlier than previously expected [1][2] - The company has achieved promising results from solvent-extraction piloting, which supports the operation of its Hydromet demonstration facility in Colorado, designed to run five solvent extraction circuits continuously [2][3] - The Round Top deposit is known for heavy rare-earth elements such as gallium and beryllium, indicating the company's potential to extract significant value from these resources [3] Group 2 - CEO Barbara Hampton emphasized the importance of accelerating domestic production of rare earth elements to enhance the competitiveness of U.S. manufacturing amid rising global demand and geopolitical risks [4] - Analysts at Benchmark have reiterated a Buy rating for USA Rare Earth stock with a price target of $15, reflecting confidence in the company's integrated approach through its acquisition of LCM [4] - The company is focused on building a domestic supply chain for rare earth elements and magnets, with plans for a magnet manufacturing plant in Oklahoma to reduce reliance on China for critical components [5]