STILLWATER, Okla., Nov. 18, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. (Nasdaq: USAR) (USAR or the Company) today announced the completion of its acquisition of Less Common Metals Ltd. (LCM). LCM is the leading scaled ex-China rare earth metal and alloy manufacturer, with established leadership in Samarium, Samarium Cobalt and Neodymium Praseodymium metals and alloys. The transaction marks a major milestone in USAR’s strategy to build a fully integrated, end-to-end rare earth supply chain—from magnet-to- ...

Company Performance - Cable One's shares fell 6.2% after the third-quarter report revealed a significant loss of broadband subscribers and revenue that missed Wall Street expectations, despite a large earnings beat [1][2] - The company's revenue for the quarter was $376 million, representing a 4.5% decline from the previous year and falling short of analyst forecasts [2] - Cable One lost 149,100 residential data subscribers year-over-year, indicating underlying weakness in demand [2] Market Reaction - The stock market's reaction suggests that the news is considered meaningful but not fundamentally altering the perception of Cable One's business [4] - Cable One's shares have shown extreme volatility, with 35 moves greater than 5% over the last year, indicating a sensitive market environment [4] Broader Market Context - Recent comments from President Trump regarding trade relations with China have injected volatility into the broader markets, particularly affecting sectors sensitive to economic sentiment [5] - China's announcement of new export controls on critical minerals has raised concerns about economic headwinds and potential impacts on consumer spending, which could affect revenues in various sectors [6]

Core Insights - Ucore Rare Metals Inc. has signed a Memorandum of Understanding (MOU) with Vacuumschmelze GmbH & Co. KG and eVAC Magnetics LLC to develop a collaborative supply agreement for high-purity rare earth oxides (REOs) [1][4][6] - The partnership aims to secure a stable supply of REOs critical for various industries, including automotive, industrial automation, and defense systems [3][6][7] - Ucore's RapidSX™ refining technology will play a vital role in producing the necessary REOs for VAC and eVAC's operations [6][10] Company Overview - Ucore is advancing North American rare earth separation and refining through its Louisiana Strategic Metals Complex and commercialization of RapidSX™ separation technology [10] - The company received a follow-on award of US$18.4 million from the U.S. Department of Defense in 2025, bringing total funding under its current agreement to US$22.4 million [10] Strategic Importance - The collaboration is expected to enhance the strategic position of VAC and eVAC in the global rare earth supply chain, ensuring long-term access to critical raw materials [7] - The MOU was signed at the G7 Energy and Environment Minister's Summit, highlighting its significance on an international platform [8] Future Plans - The parties will define the structure and commercial terms for a definitive long-term agreement within nine months, supported by regular progress reviews [9]

Company Overview - USA Rare Earth (Nasdaq: USAR) has appointed Dr. Alex Moyes as Vice President of Mining to lead mining operations and development at the Round Top deposit, which is the richest heavy rare earth, gallium, and beryllium deposit in the United States [1][2] - The company is focused on securing and growing America's supply chain for heavy rare earth minerals, metals, alloys, and magnets, with a vision for a resilient American rare earths industry [3] Leadership and Expertise - Dr. Moyes brings nearly 20 years of experience in mining, geology, and critical minerals development, previously serving as Director of Critical Minerals and Planning at Ramaco Resources, Inc. [2] - His expertise includes geology, mining engineering, and techno-economic modeling, which will support the company's exploration, extraction, and processing of rare earth elements [2] Strategic Vision - The company aims to develop a rare earth sintered neo magnet manufacturing plant in Stillwater, Oklahoma, to establish domestic supply and processing capabilities [4] - Rare earth magnets are critical to various sectors, including defense, automotive, aviation, industrial, AI robotics, medical, and consumer electronics, indicating a broad market approach [4] - The focus on domestic rare earth production aligns with national priorities, offering potential for a sustainable and secure supply of materials essential to key industries [4]

Core Insights - Global automakers are increasingly concerned about potential parts shortages and plant closures due to looming Chinese export controls on rare earths, which are essential for various car components and especially critical for electric vehicles [1][2] - China dominates the rare earths market, controlling approximately 70% of global mining, 85% of refining capacity, and about 90% of metal alloy and magnet production, leading to significant supply chain vulnerabilities for automakers [2][3] Group 1: Supply Chain Concerns - Executives are worried that the new Chinese export control list, which includes elements like ytterbium, holmium, and europium, could exacerbate supply shortages [3] - The journey for rare earths from China to Europe can take up to 45 days, raising concerns about timely supply amidst the impending export controls [6] Group 2: Alternative Sourcing Efforts - Companies are seeking to source rare earths from countries outside of China, but many lack the necessary mining and refining infrastructure to make these resources usable [4] - A critical minerals agreement between the U.S. and Australia aims to bolster rare earth mining projects in Australia as part of efforts to reduce reliance on Chinese supplies [3] Group 3: Recycling and Future Challenges - The recycling of rare earths from old cars is still in its early stages, with companies like Neutral recycling from 400,000 cars annually, but scaling up remains a significant challenge [5] - Recent export restrictions on lithium-ion batteries and materials from China have further heightened concerns over parts supplies for electric vehicles [6]

Core Viewpoint - The transition of USA Rare Earth's CEO to focus on building a domestic supply chain for critical rare earths is driven by a global imperative to establish a mine-to-magnet supply chain, particularly in light of recent supply disruptions from China [3][8]. Company Developments - USA Rare Earth has made a transformative acquisition of Less Common Metals (LCM), a UK-based metal and alloy maker, to ensure the establishment of the first domestic supply chain for heavy rare earth metals and alloys outside of China [3][6]. - The company is currently assembling its first line of permanent magnet manufacturing in Stillwater, Oklahoma, which is essential for producing permanent magnets [5]. Industry Context - The rare earths industry has faced challenges due to China's dominance and recent supply chain disruptions, prompting a need for a secure and reliable supply of magnets for various sectors, including aerospace, defense, automotive, and consumer electronics [9][10]. - The market for permanent magnets is expected to grow significantly, driven by advancements in technology and increasing demand for high-tech components [10].

Summary of MP Materials Special Event Investor Call Company and Industry - **Company**: MP Materials - **Industry**: Rare Earth Materials and Magnet Manufacturing Key Points and Arguments Partnership with the Department of Defense - MP Materials announced a landmark public-private partnership with the Department of Defense (DoD) aimed at restoring the full rare earth supply chain in the United States [4][5] - The partnership is a long-term multibillion-dollar commitment to accelerate American rare earth supply chain independence [7] - The DoD is making a $400 million investment in MP Materials in the form of convertible preferred equity, with a fixed conversion price of $30.03 per share [7][8] - A $150 million twelve-year loan will fund the expansion of heavy rare earth separation capabilities [9] Price Floor Commitment - The DoD has committed to a $110 per kilogram price floor for all NDPR products, ensuring MP Materials receives a quarterly cash top-up if market prices fall below this threshold [9][10] - The price floor agreement is for a ten-year term starting in Q4, providing a stable economic foundation for MP Materials [13][14] Magnet Manufacturing Expansion - MP Materials will construct a new facility, referred to as the 10x facility, targeting an annual capacity of 10,000 metric tons of magnet manufacturing [11][15] - The DoD has made a 100% offtake commitment for production from the 10x facility, structured with cost-plus pricing and a guaranteed annual EBITDA of $140 million [11][12] - The agreement includes a shared upside, where the DoD will receive the first $30 million of EBITDA above the $140 million threshold, with further profits split equally [12][17] Economic and Strategic Implications - The partnership is seen as a critical step in securing America's supply of rare earth materials, essential for national security and economic stability [6][22] - MP Materials aims to achieve full vertical integration, which includes mining, refining, and magnet manufacturing, to meet the growing demand in both defense and commercial sectors [19][20] - The company expects to generate pro forma annual EBITDA exceeding $650 million, with significant upside potential from market strength [19][20] Future Growth and Opportunities - MP Materials is positioned to benefit from the growing demand for rare earth materials, particularly in sectors like electric vehicles and robotics [43][44] - The company is exploring opportunities for collaboration with the DoD on sourcing heavy rare earth feedstock, enhancing its role as a key player in the Western supply chain [18][59] - The partnership is expected to catalyze further investments and expansions, with MP Materials maintaining a focus on shareholder value and operational execution [82][86] Other Important Content - The call emphasized the importance of collaboration between public and private sectors to address national security vulnerabilities in the rare earth supply chain [22][23] - The structure of the partnership aligns public and private interests, creating accountability and shared benefits for taxpayers and stakeholders [22][23] - The company is committed to maintaining its status as a public entity focused on maximizing shareholder value while executing its strategic initiatives [84][86]

Core Viewpoint - MP Materials is significantly impacted by the current trade conflict and the strategic importance of securing rare earth materials for the U.S., as evidenced by a 21.8% increase in its share price recently [1] Group 1: Company Overview - MP Materials is described as "America's rare earth magnetics champion" and is the only fully integrated rare earth producer in the U.S. [2] - The company has a major customer, Shenghe Resources, which is a majority-owned subsidiary of China's Shenghe Resources Holding Company, indicating a complicated trading position [2] Group 2: Trade Conflict Impact - In mid-April, MP Materials ceased shipments of rare earth concentrate to China due to tariffs and alignment issues with America's national interest, marking a near-term negative for the company [3] - The trade conflict presents challenges for MP Materials, but it also highlights the urgency for the U.S. to develop its own rare earth supply chain [4] Group 3: Long-term Growth Opportunities - Management emphasizes that the real growth opportunity for MP Materials lies in contributing to the development of a domestic rare earth supply chain in the U.S. [4] - Speculation about potential government funding for the company could positively influence its stock performance, as seen in recent trading activity [6]

Core Insights - USA Rare Earth, Inc. (USAR) has signed a memorandum of understanding (MOU) with Moog Electric Motion Solutions for the delivery of neo magnets, with production set to begin in early 2026 [1] - The MOU follows the commissioning of USAR's Innovations Lab in March 2025, which allows for prototyping and qualification processes for potential customers [2] - USAR aims to support the domestic supply chain for rare earth magnets, emphasizing the importance of these materials in critical industries, particularly in the context of growing AI demands [3][4] Company Developments - USAR is constructing a 310,000 square foot rare earth sintered neo magnet manufacturing facility in Stillwater, Oklahoma [5] - The company controls mining rights to the Round Top Mountain rare earth deposit in West Texas, which contains significant heavy rare earths and other critical minerals [5] - USAR's products are essential for various industries, including defense, automotive, aviation, industrial, medical, and consumer electronics [5]

Group 1: Partnership and Supply Chain Development - MP Materials has signed a Memorandum of Understanding with Saudi Arabian mining company Maaden to explore and develop a fully integrated rare earth supply chain in Saudi Arabia, covering the entire value chain from mining to magnet production [1][2] - This collaboration aims to diversify and expand the global rare earth supply chain, leveraging Saudi Arabia's abundant energy resources and advanced infrastructure to meet rising demand from fast-growing industries [2] Group 2: Company Overview and Operations - MP Materials is the largest producer of rare earth materials in the Western Hemisphere, operating the Mountain Pass Rare Earth Mine and Processing Facility, the only large-scale rare earth mining site in North America [4] - The company is also developing a manufacturing facility in Fort Worth, TX, to produce neodymium-iron-boron (NdFeB) permanent magnets by the end of 2025 [4] Group 3: Market Context and Demand - Rare earth products are critical inputs in clean-tech applications, including electric vehicles and wind turbines, with a growing focus on developing domestic rare earth element capabilities independent of China [5] - The market for rare earth materials is currently dominated by China, highlighting the strategic importance of partnerships like that of MP Materials and Maaden [5] Group 4: Financial Performance - MP Materials reported Q1 2025 revenues of $60.8 million, a 25% increase year over year, but below the Zacks Consensus Estimate of $64 million [6] - The company achieved record NdPr production of 563 metric tons, a 330% increase from the previous year, with sales volumes for NdPr up 246% year over year [7] - The Materials Segment's revenues increased 14% to $55.6 million, although realized pricing declined by 16% [7] - The Magnetics segment generated revenues of $5.2 million from its first metal deliveries in March [9] Group 5: Stock Performance - MP Materials shares have increased by 34.4% year to date, outperforming the industry's growth of 7.5% [10]