USA Rare Earth entered into a letter of intent to receive $1.6 billion in funding from the Department of Commerce to improve its domestic supply chain.

USA Rare Earth Inc. signed a non-binding agreement with the Commerce Department to receive $1.6 billion in funding to accelerate US production of key rare-earth elements.

The federal government is injecting $1.6 billion into USA Rare Earth, the latest move by the Trump administration to shore up the domestic supply of rare-earth minerals.

USA Rare Earth ( USAR) is starting the week on a high note with a public-private funding deal that is lifting the company's shares. The Stillwater, Okla.-based company's stock was recently 14% higher,

Rare earth stocks jumped on Monday after the Trump administration expanded the government's investment in the industry.

Today, Jan. 26, 2026, federal backing reshapes this mine‑to‑magnet player’s role in U.S. rare‑earth supply chains.

USA Rare Earth confirmed it entered into a non-binding letter of intent with the US Department of Commerce covering $1.6B and the company concurrently has raised $1.5B in private capital.

The Trump administration is set to take a 10% equity stake in USA Rare Earth as part of a $1.6 billion debt-and-equity investment package designed to strengthen domestic production of rare earth minerals,