TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

USA Rare Earth Closes Acquisition of Less Common Metals

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Barbara Humpton
USA Rare Earth Closes Acquisition of Less Common Metals

USA Rare Earth has acquired Less Common Metals Ltd., a leading ex-China rare earth metal and alloy manufacturer, to strengthen its end-to-end rare earth supply chain and expand magnet manufacturing capabilities in the United States and Europe.

Insights
NVDA   positive

Mentioned as a successful example of a company that saw significant stock price increase following a stock split


USAR   positive

Company is strategically expanding its capabilities, securing critical supply chain links, and diversifying its rare earth metal production outside of China