USA Rare Earth Is Breaking Ground on Its $1.2 Billion South Carolina Facility. Is It Time to Buy the Critical Minerals Stock?

Key Points USA Rare Earth is building an integrated mine-to-magnet supply chain to reduce Western dependence on China for critical minerals. Its new $1.2 billion South Carolina facility will help produce 10,000 metric tons each of magnets and strip-cast metal annually by 2029. 10 stocks we like better than USA Rare Earth › China's grip on the rare-earth market has exposed a critical weakness in Western supply chains, and USA Rare Earth (NASDAQ: USAR) aims to turn that vulnerability into an opportunity. The company is building a fully integrated "mine-to-magnet" business for rare-earth elements and permanent magnets outside China .