Overview
- Less Common Metals will supply rare‑earth metals and alloys to Solvay and Arnold Magnetic Technologies for permanent‑magnet production outside China.
- USA Rare Earth completed its acquisition of LCM in November, integrating alloy output with its planned magnet manufacturing operations in Oklahoma.
- The Stillwater facility remains on schedule to begin commissioning in the first quarter of 2026, with LCM providing alloy feedstock.
- USA Rare Earth shares rose sharply after the announcement, with one report noting a gain of about 25% on Thursday to close at $17.48.
- A White House official said the government is taking equity stakes in critical‑minerals companies to speed domestic supply chains, though no new commitment to USA Rare Earth was specified in these reports.