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business 52d ago

USA Rare Earth Pursues Global Acquisitions, Launches First U.S. Magnet Factory

USA Rare Earth Pursues Global Acquisitions, Launches First U.S. Magnet Factory

USA Rare Earth is actively expanding its supply chain through international acquisitions, including a stake in France-based Carester, while also establishing the first fully integrated rare earth metals and magnet manufacturing plant in the Americas. This move is part of a strategic push supported by a $1.6 billion U.S. government investment to secure critical mineral supply chains. Next, the company is likely to focus on operationalizing its Oklahoma plant and securing additional international partnerships to strengthen its market position.

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