USA Rare Earth, Inc. is a vertically integrated mining and manufacturing company that supplies rare earth elements and permanent magnets. The company is developing a domestic mine-to-magnet supply chain, anchored by its Round Top critical minerals deposit in West Texas and a magnet production facility in Stillwater, Oklahoma. Its operations encompass the extraction and processing of critical minerals such as neodymium, dysprosium, terbium, lithium, and gallium. Beyond its core U.S. assets, the company has expanded its international presence through the acquisition of UK-based alloy manufacturer Less Common Metals and a pending acquisition of Brazilian rare earth miner Serra Verde. By establishing a secure supply of heavy rare earths and NdFeB magnets, USA Rare Earth aims to support U.S. national security priorities and the broader energy transition while reducing reliance on foreign supply chains.