Stillwater, Oklahoma — According to state and local economic development sources USA Rare Earth plans to invest $100,000,000.00 to build out new space in Stillwater. The company plans to occupy the new space in Stillwater, on or about November 1, 2023. According to the company website USA Rare Earths mission is to create a fully integrated, US-based mine-to-magnet critical mineral supply chain supporting the ongoing green revolution, with no dependence on China. USA Rare Earth, LLC (USARE) owns an 80% operating interest in the Round Top Heavy Rare Earth, Lithium, and Critical Minerals Project located in Hudspeth County, West Texas. And with its development of the first rare earth and critical minerals processing facility in the United States (Colorado), and ownership of the only neodymium iron boron (NdFeB) permanent magnet manufacturing capability in the Western Hemisphere, USARE is poised to become the leading domestic supplier of critical raw materials required for the electric vehicle, green energy, consumer electronics, and defense industries, as well as battery grade lithium and tech metals needed for chipsets, semiconductors, and 5G.

To learn more about USA Rare Earth, visit http://www.usare.com/

Company Contact:
Thayer Smith, President
https://www.linkedin.com/in/thayer-smith-a120641/
813-867-6155

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