Saturday, October 11, 2025

Charged EVs | USA Uncommon Earth acquires Much less Frequent Metals to speed up its mine-to-magnet technique

USA Uncommon Earth (USAR) has entered right into a definitive settlement to accumulate UK-based uncommon earth metallic and alloy producer Much less Frequent Metals (LCM).

The acquisition secures USAR’s entry to high-quality uncommon earth metallic and strip solid alloy for its world clients and the event of its Oklahoma magnet facility.

Underneath the phrases of the deal, USAR will purchase LCM for $100 million in money and 6.74 million shares of USAR frequent inventory. The transaction is predicted to shut within the fourth quarter of 2025.

LCM produces gentle and heavy uncommon earth everlasting magnet metals and alloys at scale at its 67,000 sq. foot manufacturing facility in Cheshire, UK. It additionally advantages from a longtime provide of uncooked supplies exterior of China. The corporate is likely one of the few producers able to processing metallic oxide feedstocks from mined and recycled sources.

LCM closes the loop for USAR’s in-house processing of recycled uncommon earths. USAR will be capable of reuse end-of-life magnets and its personal swarf generated throughout magnet manufacturing, offering entry to different low-cost sources of feedstock.

LCM will be capable of proceed to broaden and serve its world buyer base with a broad portfolio of uncommon earth and important metals and alloys, whereas additionally supplying neodymium iron boron (NdFeB) metallic and strip solid alloy to USAR’s Stillwater, Oklahoma magnet facility when it begins manufacturing. LCM’s metals and alloys are used within the manufacturing of superior magnets for purchasers throughout EV, automotive, industrial, protection and different sectors within the US, UK, France, Germany, Japan and Taiwan.

LCM has beforehand introduced a deliberate enlargement into France supported by the French authorities underneath the 2030 France funding plan.

“Midstream metallic making is the linchpin of the worldwide provide chain and LCM is the one confirmed ex-China producer of uncommon earth metallic, alloys, and strip casting at scale,” stated Michael Blitzer, Chairman of USA Uncommon Earth. “The mix of USAR-LCM will set up uncommon earth metallic making in the US for the primary time in a long time, as we transfer rapidly to combine these capabilities in Stillwater, Oklahoma to supply all the feedstock for the buildout of our 5,000-ton magnet manufacturing facility. Our ambition can be to broaden LCM’s capabilities in each the UK and Europe.”

Supply: USA Uncommon Earth


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