USA Rare Earth entered into a letter of intent to receive $1.6 billion in funding from the Department of Commerce to improve its domestic supply chain. - Katie Hayes Luke FOR WSJThe federal government has moved to inject $1.6 billion into USA Rare Earth, the latest move by the Trump administration to shore up the domestic supply of rare-earth minerals. Most Read from The Wall Street JournalShares of USA Rare Earth were up 16% to $28.63 in premarket trading Monday. As part of the transaction, the company would give the Commerce Department 16.1 million shares and about 17.6 million warrants. It said the new capital would allow it to derisk its growth objectives and build a more resilient domestic supply chain.

Source: Wall Street Journal January 26, 2026 14:43 UTC