MATERIALS FOR A GREENER TOMORROW

USA Rare Earth owns an 80% interest in the Round Top Heavy Rare Earth, Lithium, and Critical Minerals Project located in Hudspeth County, West Texas.

 

With its development of the first rare earth and critical minerals processing facility in the United States, and ownership of the only  permanent neo magnet manufacturing system in the Western Hemisphere, USARE is poised to become the first vertically integrated domestic supplier of critical materials fueling the green tech revolution.

 

Our materials and technologies are critical to electric vehicles, green energy, consumer electronics, and the defense industry. Our battery grade lithium and tech metals are necessary for chipsets, semiconductors, and 5G.

PROJECT HISTORY

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Exploration

INITIAL MINERAL DISCOVERY

Round Top was discovered in the 1970s as part of a regional fluorite exploration program.

EXPLORATION FOCUSED ON BERYLLIUM

Cyprus Minerals conducted extensive exploration, trial mining and feasibility study focused on high-grade beryllium deposit; ​Leases were orphaned following merger with AMAX.

Identification

FIRST RARE EARTH FOCUSED PEA

in 2013, TMRC published a Preliminary Economic Assessment focused on rare earths using comminution, flotation and solvent extraction

SEED CAPITAL RAISED

USARE enters into agreement to acquire 80% of Round Top anticipating a renewed strategic interest in critical minerals

Commercialization

SERIES A CAPITAL RAISED

In 2019, updated PEA incorporating heap leach and CIX/CIC process projects 70% IRR; Construction of dedicate processing pilot facility in Colorado

SERIES B CAPITAL RAISED

Pilot processing facility commissioned; Magnet manufacturing equipment acquired

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Scaling

SERIES C CAPITAL RAISED

In 2021, significant progress towards Pre-Feasibility Study was made

​US government commits to bring critical mineral supply chain back onshore

LEADERSHIP

Thayer Smith

Thayer Smith

PRESIDENT
Effie Simanikas

Effie Simanikas

EVP & CHIEF FINANCIAL OFFICER
Simon Sullivan

Simon Sullivan

CHIEF COMMERCIAL OFFICER
David Kronenfeld

David Kronenfeld

CHIEF LEGAL OFFICER
Josh Hawes

Josh Hawes

CHIEF STRATEGY OFFICER
Pini Althaus

Pini Althaus

FOUNDER & ADVISOR
TO THE BOARD
 

NEWS

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