Trump Administration Takes 10% Stake in USA Rare Earth

The Trump administration is set to take a 10% stake in USA Rare Earth as part of a $1.6 billion investment package, two sources told Reuters on January 25, 2026. The transaction includes 16.1 million shares plus warrants for 17.6 million shares at $17.17 each, and will fund a Sierra Blanca, Texas mine and a Stillwater, Oklahoma magnet facility to expand domestic rare-earth production.