CORPORATE RESPONSIBILITY

USA Rare Earth is committed to employing best ESG-practices throughout the supply chain.

 

We will have sustainable operations powered by renewable energy, with a strong focus on social responsibility and high quality governance.

ESG - ENVIRONMENTAL

More than 80% of our revenue will be from materials used in clean, green applications. The Round Top operations will be 100% powered by an onsite solar plant.

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ENVIRONMENTALLY FRIENDLY EXTRACTION AND PROCESSING

The heap leach/CIX process is contained and closed loop, meaning minimal mine waste, no tailings, no energy intensive milling, and no major infrastructure required. 

SUPPLY CHAIN TRANSPARENCY

USARE is in partnership with Source Certain to chemically trace provenance of materials to ensure that all feedstock is coming from mines and facilities that adhere to the highest environmental standards. 

ESG - SOCIAL

There is strong community engagement and local support USARE. 

USARE also has a strategic investment and support from Navajo Transitional Energy Company (NTEC). 

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AMERICAN JOBS

The mining project will provide well paid jobs in low income Hudspeth County, West Texas. 

The magnet plant, once recommissioned, and new processing facilities will also bring back jobs for communities previously left behind by the tech revolution. 

SCHOOL FUNDING

Mine royalties will contribute to the Texas Permanent School Fund to fund public schools. The original projection provides $26m annually and this will increase over time as our production grows. 

ESG - GOVERNANCE

Society and business are coming together to transform the way companies approach strategy, drive performance and report results. The implications will be significant.  

CORPORATE GOVERNANCE

A company's purpose, the role and makeup of boards of directors, shareholder rights and how corporate performance is measured are core elements of corporate governance structures.

EQUAL OPPORTUNITY

Gender diversity and racial equality is a company priority. USARE is focused on better representation on its corporate board and in executive ranks with equal compensation and mobility for women and people of color.