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STILLWATER, Okla. - USA Rare Earth (NASDAQ:USAR) announced Wednesday it has received regulatory approval from the UK Minister of State for its acquisition of LCM, the only regulatory clearance required for the transaction. The announcement comes as USAR's stock has shown remarkable momentum, with a 102.39% price return over the past six months, according to InvestingPro data.
The company expects to close the acquisition in the fourth quarter of 2025, according to a press release statement. This acquisition is part of USAR's strategy to establish an end-to-end rare earth supply chain. With a current market capitalization of $1.73 billion and a strong financial position where cash exceeds debt, USAR appears positioned to execute on this strategic acquisition.
Following the transaction, LCM will continue serving its global customer base with rare earth and critical metals and alloys while also supplying Neodymium Iron Boron metal and strip cast alloy to USAR's Stillwater, Oklahoma magnet facility once production begins.
LCM provides metals and alloys used in manufacturing advanced magnets, semiconductors, and aerospace components. The company currently supplies customers across multiple sectors including defense, automotive, electric vehicle, industrial, and technology in the U.S., UK, France, Germany, Japan, and Taiwan.
USA Rare Earth is developing a rare earth sintered neo magnet manufacturing plant in Stillwater, Oklahoma. The company aims to establish domestic rare earth and critical minerals capabilities to supply its magnet manufacturing operations and sell surplus materials to third parties.
Rare earth magnets are used in various industries including defense, automotive, aviation, industrial, AI robotics, medical, and consumer electronics.
The company's focus on developing domestic rare earth production aligns with national priorities for sustainable and secure supply of materials critical to key industries.
In other recent news, USA Rare Earth Inc. reported a significant loss for the third quarter of 2025, failing to meet earnings expectations. The company's earnings per share (EPS) was -$0.25, which was considerably lower than the forecasted -$0.06. This resulted in a negative surprise of 316.67%. These developments highlight the financial challenges the company is currently facing. The earnings results have drawn attention from analysts and investors alike, as they assess the implications for USA Rare Earth's future performance. The company's financial performance is crucial for stakeholders making investment decisions. These recent developments provide insights into the company's ongoing financial situation.
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