On January 26, 2026, US Rare Earth Company made an announcement stating that it had entered into a letter of intent with the U.S. government. This agreement paves the way for the company to receive a substantial $1.6 billion in funding. The primary objective behind this financial support is to expedite the growth of the domestic heavy rare earth value chain within the United States. In a parallel development, the company has successfully garnered an additional $1.5 billion in investments from the private sector, further bolstering its financial standing and strategic initiatives.
