Curated News
By: NewsRamp Editorial Staff
March 13, 2026
USA Rare Earth Acquires Texas Mineral Resources in $73M Deal
TLDR
- USA Rare Earth gains full control of Texas' Round Top Project through a $73 million acquisition, securing a competitive edge in the U.S.-anchored rare earth supply chain.
- USA Rare Earth acquires Texas Mineral Resources for 3.8 million shares, consolidating ownership of the Round Top Project to advance mining toward 2028 production.
- This acquisition helps build a secure, non-China supply chain for critical minerals, supporting sustainable Western manufacturing and reducing geopolitical dependencies.
- USA Rare Earth now owns 100% of Texas' Round Top Project, aiming to create a complete mine-to-magnet supply chain in the U.S. by 2028.
Impact - Why it Matters
This acquisition represents a critical step toward reducing Western dependence on China for rare earth minerals, which are essential for modern technologies including electric vehicles, defense systems, semiconductors, and renewable energy infrastructure. As geopolitical tensions highlight supply chain vulnerabilities, establishing domestic production capabilities for these strategic materials enhances national security, supports technological innovation, and creates economic opportunities in the clean energy transition. The consolidation of the Round Top Project under USAR's control accelerates the timeline for establishing a complete U.S.-based supply chain, potentially lowering costs and increasing reliability for manufacturers across multiple high-tech industries while strengthening America's competitive position in the global technology race.
Summary
USA Rare Earth (Nasdaq: USAR) and Texas Mineral Resources (OTCQB: TMRC) have announced a definitive agreement for a major acquisition that reshapes the rare earth minerals landscape. Under this $73 million transaction, USAR will acquire all outstanding shares of TMRC in exchange for 3,823,328 shares of its common stock, consolidating USAR's ownership of the strategically important Round Top Project in Texas. This move makes USAR the sole operator and 100% economic beneficiary of this critical minerals development, accelerating its mining plan toward expected commercial production in 2028. The acquisition represents a significant step in building a U.S.-anchored, non-China mine-to-magnet supply chain that reduces Western dependence on foreign sources for essential materials.
The acquisition strengthens USAR's position as a fully integrated rare earth and permanent magnet supply chain operator across the United States, United Kingdom, and Europe. Through its ownership of Less Common Metals Ltd. (LCM), one of the world's leading producers of rare earth metals and alloys, and its development of magnet manufacturing capacity in Stillwater, Oklahoma, USAR operates across the entire value chain from heavy rare earth processing to metal-making, alloy production, and neodymium magnet manufacturing. By combining domestic feedstock from the Round Top deposit with advanced processing technologies, recycling capabilities, and a growing European industrial footprint, USAR is establishing a secure, sustainable, Western-aligned supply of materials essential to defense, robotics, semiconductors, electrification, and advanced manufacturing industries.
The news was reported by Rocks & Stocks, a specialized communications platform delivering deep insights into the mining industry that is part of the Dynamic Brand Portfolio at IBN. Rocks & Stocks provides comprehensive distribution services including access to wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution via IBN to millions of followers, and tailored corporate communications solutions. For additional information about the acquisition, readers can view the full press release at https://ibn.fm/W3Ya6, visit USAR's website at https://www.usare.com/, or explore Rocks & Stocks' platform at https://rocksandstocks.news/ for more mining industry insights and coverage.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, USA Rare Earth Acquires Texas Mineral Resources in $73M Deal
