USA Rare Earth has entered into a definitive agreement to acquire UK-based LCM (Less Common Metals), a rare earth metal and alloy producer, for $100 million in cash and 6.74 million shares of USAR common stock. The acquisition represents a significant acceleration of USAR’s mine-to-magnet strategy, establishing an end-to-end rare earth supply chain. “The acquisition of LCM is a bold…
Read MoreUSA Rare Earth secures link in supply chain with LCM deal
