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tz-plus logo Stocks in Action USA: USA Rare Earth, Electronic Arts, Oklo

L. Kulikov
Reading Time: 4 minutes

USA Rare Earth (USAR) – Stocks Rise After Acquisition of Less Common Metals – Focus on Domestic Magnet Production Fuels Imagination! The shares of USA Rare Earth climbed on Monday following the announcement of the acquisition of the British company Less Common Metals . The company, which is developing the rare earth mine Round Top Mountain in Texas, is paying $100 million in cash and 6.74 million of its own shares for LCM. The aim of the transaction is to convert extracted material into high-quality intermediate and end products such as...

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