Overview
- Less Common Metals will use its metal‑making expertise to supply rare‑earth materials for Arnold Magnetic Technologies’ advanced permanent magnets, according to the companies.
- USA Rare Earth completed its acquisition of LCM in November 2025, advancing a vertically integrated strategy for rare‑earth alloys and magnet production.
- LCM will provide alloy feedstock for USA Rare Earth’s Stillwater, Oklahoma magnet facility, which the company says remains on schedule for first‑quarter 2026 commissioning.
- USA Rare Earth’s CEO Barbara Humpton said the agreement supports U.S. and European supply‑chain resilience outside China for aerospace, defense, automotive and energy applications.
- Benzinga reported USA Rare Earth shares rose after the announcement, noting a 6.13% gain to $14.88 at the time of publication.