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Sputnik

USA Rare Earth Signs Deal With US Commerce Department on $1.6Bln Funding - Company

NAMPA / Sputnik
2026-01-26
WASHINGTON, January 26 (RIA Novosti) - The USA Rare Earth (USARE) has reached an agreement with the US Commerce Department on receiving $1.6 billion in government funding to boost domestic production of rare earth minerals, the company said on Monday in a statement. "USA Rare Earth, Inc​​​. (Nasdaq: USAR) (USAR or the Company) today announced its entry into a non-binding Letter of Intent (the LOI) with the U.S. Department of Commerce and a collab......
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