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USA Rare Earth starts commercial shipments of heavy rare earths under 15-year US government contract

Market News
09 Nov 2026, 23:47 WIB
GlobeNewsWire
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Bullish
USA Rare Earth starts commercial shipments of heavy rare earths under 15-year US government contract

USA Rare Earth has begun commercial-scale shipments of mixed rare earth carbonate (MREC) from its Serra Verde facility to US SIIE, LLC under a 15-year, 100% offtake agreement funded by the U.S. government. Production is ramping toward an initial target of about 4,000 tons per year of total rare earth oxide (TREO) by mid-2027, with plans to increase to 6,400 tons by the end of 2027. This marks USA Rare Earth as the only scaled producer outside Asia of critical heavy rare earths used in advanced permanent magnets, supporting a secure non-China supply chain. The product meets quality specifications and is priced based on non-China market prices, which are significantly higher than China prices for key elements like dysprosium and terbium.

USA Rare Earth's stock price rose by 3.95% to USD 8.55 on Pluang, showing strong investor interest with 97% of orders being buys. The company has a market cap of $3.09 billion and a trading volume of 13,323,930 shares as of Nov 10, 2026 05:02 WIB.

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