USA Rare Earth Announces Preliminary Inclusion in the Russell 2000® Index
Rhea-AI Summary
USA Rare Earth (NASDAQ: USAR) announced preliminary inclusion on the FTSE Russell list for addition to the Russell 2000® Index, with the move expected to become effective December 22, 2025. Final inclusion remains subject to FTSE Russell's standard review process.
Membership in the Russell 2000 will also mean automatic inclusion in the broad-market Russell 3000® Index and applicable growth and value style indexes. Russell indexes are widely used by investment managers and as the basis for index-linked investment products.
Positive
- Preliminary inclusion on FTSE Russell list for Russell 2000
- Expected effective date: December 22, 2025
- Automatic membership in the Russell 3000 and style indexes
- Russell indexes are widely used by investment managers and index products
Negative
- Final inclusion is subject to FTSE Russell review and not guaranteed
News Market Reaction – USAR
On the day this news was published, USAR gained 2.73%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers in other industrial metals showed mixed moves, with individual names up or down by a few percent and no clear, broad sector momentum signal.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 10 | Project acceleration | Positive | -4.4% | Accelerated Round Top commercial production timeline and DFS targets. |
| Dec 04 | Supply partnership | Positive | +24.9% | LCM supply deal supporting ex‑China rare‑earth magnet materials. |
| Nov 26 | Index inclusion | Positive | +2.7% | Preliminary inclusion in the Russell 2000 and Russell 3000 indexes. |
| Nov 20 | Supply agreement | Positive | -14.7% | LCM‑Solvay agreement to supply samarium materials to Permag. |
| Nov 18 | Acquisition close | Positive | +5.6% | Closing of Less Common Metals acquisition to expand rare‑earth platform. |
Recent news has generally been positive in tone, but price reactions have been mixed, with both strong rallies and notable selloffs following constructive strategic updates.
Over the last month, USA Rare Earth has reported several strategic milestones, including closing the Less Common Metals acquisition on Nov 18, 2025, multiple supply agreements, and operational plans for its Stillwater magnet facility. The preliminary Russell 2000 inclusion on Nov 26, 2025 fits into a trajectory of platform-building and capital‑intensive growth. Market reactions have varied: some partnership and acquisition news saw double‑digit moves, while other seemingly positive updates coincided with declines.
Market Pulse Summary
This announcement highlights USA Rare Earth’s preliminary addition to the Russell 2000®, with expected effectiveness on December 22, 2025, and corresponding inclusion in the Russell 3000® and style indexes. Such benchmarks are widely tracked by institutional and index-linked products, which can increase visibility and potential demand. In assessing this development, investors may also review recent strategic moves, capital intensity, and execution on production and supply agreements disclosed in prior filings and releases.
Key Terms
russell 2000® index financial
russell 3000® index financial
index-linked investment products financial
AI-generated analysis. Not financial advice.
STILLWATER, Okla., Nov. 26, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. (Nasdaq: USAR) (USAR or the Company), today announced that it has been included on the preliminary list for addition to the Russell 2000® Index as published in the FTSE Russell Preliminary List of IPO Additions and is expected to become effective December 22, 2025. Final inclusion is subject to FTSE Russell's standard review process.
Membership in the Russell 2000® Index means automatic inclusion in the broad-market Russell 3000® Index and in applicable growth and value style indexes. Russell indexes are widely used by investment managers and institutional investors as benchmarks and as the basis for index-linked investment products.
About USA Rare Earth
USA Rare Earth, Inc. (Nasdaq: USAR) is developing a rare earth sintered neo magnet (NdFeB or neo) manufacturing plant in Stillwater, Oklahoma, and intends to establish domestic rare earth and critical minerals supply, extraction, and processing capabilities to both supply its magnet manufacturing plant and market surplus materials to third parties. Rare earth magnets are critical to various business sectors and industries, including the defense, automotive, aviation, industrial, AI Robotics, medical, and consumer electronics industries, among others. USAR is planning to take a broad approach to the industries it serves with the intention of providing high quality neo magnets to a variety of industries and customers. USAR's focus on developing domestic rare earth production aligns with national priorities, offering the potential of a sustainable and secure domestic supply of materials critical to key industries.
About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit FTSE Russell.
Forward-looking Statements
Certain matters discussed in this press release are or contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These statements, which involve risks and uncertainties include statements relating to the benefits of the proposed transaction involving USAR and LCM, including without limitation expectations for future development, operations, business strategies, financial performance, sales and customers, and the expected timing and likelihood of completion of the proposed transaction. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. Words such as "anticipate", "believe", "can", "continue", "could", "estimate", "expect", "forecast", "intend", "may", "might", "plan", "possible", "potential", "predict", "project", "seek", "should", "strive", "target", "will", "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from our expectations. These risks and uncertainties include, but are not limited to: (1) the risk that an event, change or other circumstance could give rise to the termination of the proposed transaction; (2) the risk that a condition to closing of the proposed transaction may not be satisfied; (3) the risk of delays in completing the proposed transaction; (4) the risk that the businesses will not be integrated successfully or that the integration will be more costly or difficult than expected; (5) the risk that the synergies from the proposed transaction may not be fully realized or may take longer to realize than expected; (6) the risk that any announcement relating to the proposed transaction could have an adverse effect on the market price of USAR's common stock; (7) the risk of litigation related to the proposed transaction; (8) the diversion of management time from ongoing business operations and opportunities as a result of the proposed transaction; (9) the risk of adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction; (10) LCM's ability to retain its customers and suppliers and the combined company's ability to build or maintain relationships with customers and suppliers; (11) the Company's ability to successfully develop its magnet production facility and the timing of expected production milestones; (12) competition in the magnet manufacturing industry; (13) the ability to grow and manage growth profitably; (14) the Company's ability to build or maintain relationships with customers and suppliers; (15) the ability to attract and retain management and key employees; (16) the overall supply and demand for rare earth minerals; (17) the timing and amount of future production; (18) the costs of production, capital expenditures and requirements for additional capital, including the need to raise additional capital to implement the Company's strategic plan; (19) substantial doubt regarding the Company's ability to continue as a going concern for the twelve months following the issuance of its third quarter 2025 Condensed Consolidated Financial Statements; (20) the timing of future cash flow provided by operating activities, if any; (21) the risk that the Round Top Deposit might not be able to be commercially mined and the Company's ongoing exploration programs may not result in the development of profitable commercial mining operations; (22) the uncertainty in any mineral estimates, uncertainty in any geological, metallurgical, and geotechnical studies and opinions; and (23) transportation risks. Detailed information regarding factors that may cause actual results to differ materially has been and will be included in the Company's periodic filings with the SEC, including the Company's Form 10-K that the Company filed with the SEC on March 31, 2025 and the Company's latest Quarterly Reports on Form 10-Q filed with the SEC. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements speak only as of their date, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances occurring after their date or to reflect the occurrence of unanticipated events.
Investor Relations Contact:
Lionel McBee
VP, Investor Relations
IR@usare.com
Media Relations Contacts:
Tucker Elcock
Teneo
Tucker.Elcock@teneo.com
FAQ
What does USA Rare Earth (USAR) preliminary inclusion in the Russell 2000 mean for shareholders?
When will USA Rare Earth (USAR) be added to the Russell 2000 index?
Is USA Rare Earth's (USAR) Russell 2000 inclusion final?
Will USA Rare Earth's (USAR) Russell 2000 inclusion add it to other indexes?
Do index funds use Russell indexes for investment products for USAR?
