USA Rare Earth
A Stillwater, Oklahoma-headquartered rare-earth and magnet company building a vertically integrated supply chain from its Round Top deposit in West Texas through to finished permanent magnets, backed by a 2026 Commerce Department funding package.
Covered in 2 MetalsCost.com News Intelligence articles, most recently on September 18, 2026.
Coverage
Oklahoma Is Building Every Stage of a Critical Minerals Supply Chain -- From a $1.2 Billion Lithium Refinery to Rare-Earth Magnets
Oklahoma hosts a $1.2 billion lithium refinery, a battery-recycling plant, a germanium refiner and a rare-earth magnet facility -- a state-level case study for the processing capacity America's critical-minerals push still lacks.
US Puts Over $10 Billion Into Critical Minerals, But China Still Refines Most of the World's Supply
The US government has invested over $10 billion in critical minerals since 2025, taking direct equity stakes in rare-earth and zinc projects, but China still refines up to 90% of the world's supply.