USA Rare Earth
USAR · NASDAQ · Basic Materials
$15.37
$0.26 (-1.66%) today
Market Cap
$4.53B
24h Volume
$262.1M
P/E Ratio
0.0
52w High
$38.68
52w Low
$11.90
Est. AI Revenue
0%
7-Day Sparkline (Static)
Company facts
Performance
About USA Rare Earth
USA Rare Earth is building a vertically integrated US supply chain for rare earth magnets. The plan runs from its Round Top deposit in West Texas through processing and into finished NdFeB magnets, the permanent magnets used in motors, actuators, and drives.
Its first commercial product is sintered NdFeB magnets from its plant in Stillwater, Oklahoma, where production lines began commissioning in 2026. Round Top holds rare earths alongside other critical minerals, with mining targeted for later this decade. The buildout is supported by a major federal funding commitment for the Stillwater facility.
Founded in 2019 and headquartered in Stillwater, USA Rare Earth employs roughly 132 people and trades on the NASDAQ. In 2026 it agreed to combine with Serra Verde, a rare earth producer operating in Brazil, adding mined supply to its magnet plans.
USA Rare Earth in the AI buildout
USA Rare Earth spans the Raw Materials and Robotics layers of the AI buildout. NdFeB magnets sit inside hard disk drive actuators, the fans and pumps that cool data centers, and the joints and actuators of the robots AI is beginning to animate. Nearly all magnet supply comes from China today, so a domestic mine-to-magnet chain carries strategic weight beyond its current output. The company's role depends on ramping Stillwater and, eventually, mining Round Top.
USAR is tracked in Raw Materials & Mining and Robotics & Automation, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
USAR trades at $15.37, 13% of the way up its 52-week range of $11.90 to $38.68.
Market cap
Market capitalization is $4.53B, with an AI Exposure Score of 30 out of 100.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does USA Rare Earth do?
USA Rare Earth is building a US mine-to-magnet supply chain for rare earths. It is ramping NdFeB magnet production at its Stillwater, Oklahoma plant and advancing its Round Top deposit in West Texas, which holds rare earths and other critical minerals.
How is USA Rare Earth exposed to AI?
Its magnets feed hardware that scales with AI: hard disk drives, data center cooling motors, and robotics actuators. The exposure is strategic positioning rather than current revenue. Supercycle rates it Growing with an AI Exposure Score of 30 out of 100.
Is USAR a pure play AI stock?
No. It is a critical minerals and magnets company whose products also serve EVs, defense systems, and consumer electronics. AI-adjacent hardware is one demand stream, and the investment case rests mainly on execution and US supply chain policy.
Who leads USA Rare Earth?
Barbara Humpton, the former Siemens USA chief executive, leads USA Rare Earth as CEO. In July 2026 the company announced she will retire in late 2026, with Serra Verde chief executive Thras Moraitis named as her successor.
Where is USA Rare Earth located?
The company is headquartered in Stillwater, Oklahoma, alongside its magnet production facility. Its Round Top mineral deposit sits near Sierra Blanca in West Texas, and its shares trade on the NASDAQ.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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