The U.S. Invests $1.6 Billion to Acquire Shares in a Rare Earth Miner to Strengthen Supply of Critical Minerals

Foreign media: The United States plans to invest 1.6 billion US dollars in the rare earth miner USA Rare Earth located in Oklahoma, in exchange for 10% of its shares.

According to reports, the government investment and a separate 1 billion US dollar private financing deal will be announced on January 26. The US government will receive 16.1 million shares of the company's stock and 17.6 million warrants, with a price per share of 17.17 US dollars.

This move aims to increase the production of lithium, rare earths and other minerals crucial to national defense within the United States, reducing reliance on China. USA Rare Earth is developing mines and permanent magnet manufacturing facilities in Texas and Oklahoma, and is expected to start operations in the first half of 2026.

Original article: toutiao.com/article/1855255977299971/

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