USA Rare Earth Beats Q1 Loss, $1.75B

USA Rare Earth reported Q1 2026 adjusted loss of $0.12 per share, beating analysts' $0.14 loss estimate.
Revenue was $5.7 million while cash balance surged to about $1.75 billion after a $1.5 billion private placement completed in January.
The firm commissioned Phase 1a of its Stillwater magnet plant, targeting 600 mt/yr capacity by Q4 2026 and Q2 2026 magnet orders.
USA Rare Earth announced $1.6 billion CHIPS funding proposal and agreement to acquire Texas Mineral Resources, securing Round Top project.