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0.00169348010160877 -0.00169348010160877 -0.00254022015241331 -0.00508044030482646 0.0160880609652836 0.0186282811176969 0.0237087214225232 0.0118543607112617
Stock impact report

USA Rare Earth CEO describes ‘Manhattan Project' to wean U.S. from dependence on China [Fortune]

USA Rare Earth, Inc. (USAR) 
Company Research Source: Fortune
The markets: Down, down, and down. Plus: All the news and watercooler chat from Fortune Good morning. Ronald Reagan once joked that the nine most terrifying words in the English language are ‘I'm from the government and I'm here to help.' Recommended Video There may be an exception to that saying: helping U.S. companies compete in rare earths, a realm where China now dominates mining, refining, and manufacturing. That commitment certainly matters to Barbara Humpton, who last month left the top job at Siemens USA to become CEO of USA Rare Earth. Founded in Oklahoma in 2019, the company's mission is to develop a domestic supply chain for magnets made with rare-earth elements, which are critical in everything from electric vehicles and computers to renewable energy and advanced manufacturing. “I'm delighted that I've arrived to find that the Trump administration is laser-focused on this,” she told me. “In the case of semiconductors, the U.S. holds some really important cards, Show less Read more
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