USA Rare Earth Snaps Up UK Metals Maker
Yahoo Finance·2025-09-29 13:47
USA Rare Earth Inc. (NASDAQ: USAR) said on Monday it has agreed to acquire Less Common Metals (LCM), a UK-based producer of rare earth metals and alloys, in a deal aimed at accelerating its mine-to-magnet strategy. The acquisition would establish an end-to-end rare earth supply chain for the company and secure access to high-quality metals and strip cast alloys for global customers, USAR said. The company added that the deal will support the development of its planned magnet manufacturing facility in Okla ...