USAR

USA Rare Earth Inc (NASDAQ:USAR) is a specialty materials company founded to address America's strategic dependence on foreign sources of rare earth elements and permanent magnets. The company operates as a magnet manufacturing enterprise focused on developing domestic capabilities for producing neodymium-iron-boron (NdFeB) permanent magnets, which are critical components in defense systems, electric vehicles, wind turbines, and consumer electronics. USA Rare Earth went public in March 2025 and represents part of a broader U.S. government and industry initiative to rebuild domestic rare earth supply chains that have been dominated by China for decades.