Key Highlights
- The company owns the rights to a heavy rare-earth deposit in Texas.
- 10 stocks we like better than USA Rare Earth › Right now in your device, whether it's a laptop, smartphone, or tablet, there's a high-performance magnet made of rare-earth metals and critical minerals.
- Odds are that magnet was manufactured in China: Roughly 94% of sintered permanent magnets were produced there in 2024.
- The dominance of China in the rare-earth market, notwithstanding some meaningful Western output of permanent magnets, has made the U. S.
- government anxious to build up its own production of these nifty magnetic workhorses.
