Commerce Department takes equity stake in USA Rare Earth
Jan. 26 (UPI) -- Critical minerals startup USA Rare Earth announced Monday that the Department of Commerce will give the company a $1.3 billion loan and $277 million in federal funding.
26 Jan 20:27 · UPI
USA Rare Earth shares rally as Commerce Department takes equity stake
The capital infusion will help USA Rare Earth advance its plan for a magnet manufacturing plant and a mine at a rare earth deposit in Texas called Round Top.
26 Jan 12:11 · CNBC
USA Rare Earth shares jump 20% as Commerce Department takes equity stake
The capital infusion will help USA Rare Earth advance its plan for a magnet manufacturing plant and a mine at a rare earth deposit in Texas called Round Top.
26 Jan 12:11 · CNBC
last updated on 27 Jan 07:51