STILLWATER, Okla., Oct. 29, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth (Nasdaq: USAR) (USAR or the Company) today announced the appointment of Alex Moyes, PhD, as Vice President of Mining. In this role, Dr. Moyes will lead USAR’s mining operations and drive the continued development and extraction planning for the Company’s deposit in Round Top, TX – the richest heavy rare earth, gallium, and beryllium deposit in the United States. Dr. Moyes has nearly 20 years of experience in mining, geology, and critical mi ...

Core Viewpoint - USA Rare Earth, Inc. is experiencing increased customer interest as it prepares to begin production at its Stillwater, Oklahoma magnet facility in early 2026, with potential to sell out its initial production line before full capacity is reached [3] Financial Highlights - For Q2 2025, the company reported a loss from operations of $8.8 million, compared to a loss of $3.0 million in Q2 2024 [4] - The net loss for Q2 2025 was $142.7 million, significantly higher than the $2.8 million loss in Q2 2024 [4] - The diluted net loss per share was $1.54 for Q2 2025, compared to $0.04 for Q2 2024 [4] - Year-to-date, the net cash used in operating activities was $18.2 million, up from $8.3 million in the same period last year [4] Operational Highlights - The company has signed 12 memorandums of understanding (MOUs) and joint development agreements (JDAs) that represent the potential for approximately 300 tons of annual production in sectors such as Aerospace & Defense, Data Center, and Automotive [8] - The Stillwater magnet facility is on track for commissioning in Q1 2026 [8] - The company successfully extracted gallium and heavy rare earth concentrates from its Round Top deposit [8] Cash Position - As of June 30, 2025, the company had cash and cash equivalents of $121.8 million, with a current cash balance of $128.1 million as of August 7, 2025 [8]