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Stock impact report

USA Rare Earth's Government-Backed Mine To Magnet Build Out Reshapes Risk [Yahoo! Finance]

USA Rare Earth, Inc. (USAR) 
Company Research Source: Yahoo! Finance
USA Rare Earth (NasdaqGM:USAR) announced a funding package tied to a $3.1b mine to magnet build out in the United States. The company secured $1.3b in loans and $277m in equity support from the U.S. Department of Commerce and Department of Energy. A $1.5b private placement is planned alongside the government partnership, which will make the U.S. government one of USAR's largest shareholders. The funding is intended to support rare earth mining in Texas and magnet manufacturing in Oklahoma, with an aim to expand domestic capacity by 2030. The deal includes substantial share issuance, which affects the capital structure and dilutes existing shareholders. For investors, USA Rare Earth sits at the junction of critical minerals, defense supply chains, and advanced manufacturing. The company plans to run a mine to magnet model that covers extraction in Texas and downstream magnet production in Oklahoma, at a time when governments and manufacturers are paying closer attention to s Show less Read more
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