Rare Earth Sintered Neo Magnet (NdFeB)
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USA Rare Earth Announces UK Regulatory Approval for Acquisition of Less Common Metals (LCM)
Globenewswireยท 2025-11-12 12:01
Group 1 - USA Rare Earth (USAR) has received regulatory approval from the UK Minister of State for its acquisition of LCM, allowing the company to proceed with the acquisition in the fourth quarter of 2025 [1] - The acquisition is a significant step in USAR's magnet-to-mine strategy, establishing a complete rare earth supply chain and enabling LCM to expand its global customer base [2] - LCM's metals and alloys are crucial for manufacturing advanced magnets, semiconductors, and aerospace components, serving various sectors including defense, automotive, and technology across multiple countries [3] Group 2 - USA Rare Earth is developing a rare earth sintered neo magnet manufacturing plant in Stillwater, Oklahoma, aiming to establish domestic supply and processing capabilities for rare earth materials [4] - The company plans to provide high-quality neo magnets to diverse industries, aligning its production efforts with national priorities for a sustainable domestic supply of critical materials [4]