USA Rare Earth wins up to $19.3M in DOE backing

Company News · Mining.com ·

USA Rare Earth wins up to $19.3M in DOE backing

The US Department of Energy has selected USA Rare Earth to receive up to $19.3 million in federal funding for a pilot-scale rare earth separations project at the company's Stillwater, Oklahoma facility. The total project value is estimated at about $50.5 million, aimed at strengthening domestic supply chains for critical minerals.

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