USA Rare Earth has produced commercial-grade dysprosium oxide and neodymium-praseodymium oxide samples from recycled rare earth magnet scrap at its facility in Colorado. This development positions the company as one of the few entities outside Asia capable of separating heavy rare earths, marking a significant step toward securing global supply for advanced manufacturing and critical industries.

The production broadens the company’s feedstock options to include recycled material. This complements its planned oxide production from concentrates derived from Round Top and Serra Verde. The produced oxides are intended to serve as feedstock for rare earth metal production, which will supply the company’s magnet manufacturing facilities located in the United States.

Samples of the oxides are scheduled to be sent to LCM for qualification. This process is a critical prerequisite for the material's use in downstream applications. The ability to process recycled scrap alongside primary concentrates enhances the flexibility and resilience of the company’s supply chain.

Strategic Implications

The successful production of these oxides from recycled sources demonstrates technical capability in separating heavy rare earth elements. This capability is essential for the company’s goal of establishing an integrated value chain. By diversifying its feedstock to include recycled magnet scrap, USA Rare Earth reduces reliance on traditional mining sources and moves closer to self-sufficiency in the rare earth supply chain.

Next Steps

Following the dispatch of samples to LCM, the focus will remain on qualification and subsequent integration into the metal production workflow. The oxides produced will ultimately support the company’s domestic magnet manufacturing operations.

USA Rare Earth, Inc. Chief Financial Officer William Robert Steele Jr. will present at the J.P. Morgan Natural Resources Conference on June 23, 2026, at 10:55 a.m. Eastern Time. The presentation will provide insights into the company's operations and strategic initiatives. Following the event, a replay will be accessible on the investor relations section of USA Rare Earth's website.

Company Overview

USA Rare Earth, Inc. (NASDAQ: USAR) is developing a fully integrated rare earth and permanent magnet value chain across the United States, the United Kingdom, France, and Brazil. The company operates across the entire value chain, from mining to metal-making, alloy production, and neodymium magnet manufacturing.

Key Operations

USA Rare Earth's operations include:

The company aims to establish a secure, Western-aligned supply of materials essential to sectors such as aerospace and defense, semiconductor, data center, physical AI, autonomous systems, mobility, healthcare, and industrial industries.