USA Rare Earth (Nasdaq: USAR) and Texas Mineral Resources (OTCQB: TMRC) announced a definitive agreement under which USAR will acquire all outstanding shares of TMRC in exchange for 3,823,328 shares of USAR common stock in a transaction valued at approximately $73 million. The acquisition will consolidate USAR’s ownership of the Round Top Project in Texas, making the company the sole operator and 100% economic beneficiary of the rare earth and critical minerals development as it advances its accelerated mining plan toward expected commercial production in 2028 and builds a U.S.-anchored, non-China mine-to-magnet supply chain.

To view the full press release, visit https://ibn.fm/W3Ya6

About USA Rare Earth

USAR is building a fully integrated rare earth and permanent magnet supply chain 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.

For additional information, visit the Company’s website at https://www.usare.com/

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This contant was orignally distributed by InvestorBrandNetwork (IBN). Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is RockBreaks – USA Rare Earth, Inc. (Nasdaq: USAR) to Acquire Texas Mineral Resources (OTCQB: TMRC) in $73M Stock Deal.