Core Viewpoint - USA Rare Earth, Inc. has signed a memorandum of understanding with The StudBuddy to establish a domestic rare earth magnet supply chain, highlighting a commitment to U.S. manufacturing and securing critical materials for various industries [1][2][5]. Company Overview - USA Rare Earth is constructing a 310,000 square foot facility in Stillwater, Oklahoma, for rare earth sintered neo magnet manufacturing and controls mining rights to the Round Top Mountain deposit in West Texas, which contains significant heavy rare earths and other critical minerals [6]. Partnership Details - The MOU signifies a multi-year supply agreement where USA Rare Earth will deliver approximately 20 metric tons of finished sintered neodymium magnets to The StudBuddy annually [3]. - The StudBuddy, known for its innovative magnetic stud finder tool, emphasizes its commitment to domestic manufacturing and sourcing components from U.S. suppliers [4][5]. Industry Implications - The partnership aims to create a fully integrated domestic supply chain for high-powered permanent rare earth magnets, which are essential for products in defense, automotive, aviation, industrial, medical, and consumer electronics sectors [6].