USA Rare Earth Announces UK Regulatory Approval for Acquisition of Less Common Metals (LCM)
USA Rare Earth (Nasdaq: USAR) announced on Nov 12, 2025 that the UK Minister of State approved its acquisition of Less Common Metals (LCM).
With this being the only regulatory approval required, the company expects to close the transaction in a timely manner, targeting Q4 2025. The acquisition is described as accelerating USAR's magnet-to-mine strategy and creating an end-to-end rare earth supply chain.
Post-close, LCM will continue global supply of rare earth and critical metals and alloys and will supply NdFeB metal and strip cast alloy to USAR's Stillwater, Oklahoma magnet facility once production begins. LCM serves customers across defense, automotive, EV, industrial, and technology sectors in the U.S., UK, France, Germany, Japan, and Taiwan.
USA Rare Earth (Nasdaq: USAR) ha annunciato il 12 novembre 2025 che il Ministro degli Affari di Stato del Regno Unito ha approvato la sua acquisizione di Less Common Metals (LCM).
Con questa come unica autorizzazione regolamentare richiesta, l'azienda prevede di chiudere l'operazione in tempi rapidi, mirando al Q4 2025. L'acquisizione è descritta come acceleramento della strategia magnet-to-mine di USAR e la creazione di una catena di approvvigionamento di terre rare end-to-end.
Post-chiusura, LCM continuerà a fornire terre rare e metalli e leghe critici a livello globale e fornirà NdFeB metal e strip cast alloy allo stabilimento magnetico di USAR a Stillwater, Oklahoma, una volta avviata la produzione. LCM serve clienti nei settori difesa, automotive, EV, industriale e tecnologico negli Stati Uniti, Regno Unito, Francia, Germania, Giappone e Taiwan.
USA Rare Earth (Nasdaq: USAR) anunció el 12 de noviembre de 2025 que el Ministro de Estado del Reino Unido aprobó su adquisición de Less Common Metals (LCM).
Con esta siendo la única aprobación regulatoria requerida, la empresa espera cerrar la operación de manera oportuna, con vistas al Q4 2025. La adquisición se describe como un acelerador de la estrategia magnet-to-mine de USAR y la creación de una cadena de suministro de tierras raras de extremo a extremo.
Después del cierre, LCM continuará el suministro global de tierras raras y metales y aleaciones críticas y suministrará NdFeB metal y strip cast alloy a la instalación de imanes de USAR en Stillwater, Oklahoma, una vez inicie la producción. LCM atiende a clientes en defensa, automoción, EV, industrial y sectores tecnológicos en EE. UU., Reino Unido, Francia, Alemania, Japón y Taiwán.
USA Rare Earth (나스닥: USAR)은 2025년 11월 12일에 영국 국무차관이 Less Common Metals(LCM) 인수를 승인했다고 발표했다.
이것이 요구되는 유일한 규제 승인이며, 회사는 2025년 4분기 내에 거래를 마무리할 것으로 기대한다. 인수는 USAR의 자석-채굴 전략을 가속하고 엔드-투-엔드 희토류 공급망을 창출하는 것으로 설명된다.
종가 이후 LCM은 전 세계의 희토류 및 중요한 금속과 합금 공급을 계속하고, 생산이 시작되면 Stillwater, 오클라호마의 USAR 자석 시설에 NdFeB 금속 및 스트립 캐스트 합금을 공급할 것이다. LCM은 미국, 영국, 프랑스, 독일, 일본 및 대만의 방위, 자동차, EV, 산업 및 기술 분야 고객에게 서비스를 제공합니다.
USA Rare Earth ( Nasdaq : USAR ) a annoncé le 12 novembre 2025 que le Ministre d'État du Royaume-Uni a approuvé son acquisition de Less Common Metals (LCM).
Étant la seule autorisation réglementaire requise, l'entreprise prévoit de finaliser l'opération rapidement, en visant le T4 2025. L'acquisition est décrite comme accélérant la stratégie magnet-to-mine de l'USAR et la création d'une chaîne d'approvisionnement intégrée de terres rares.
Après la clôture, LCM continuera d'assurer l'approvisionnement mondial en terres rares et en métaux et alliages critiques et fournira métal NdFeB et alliage coulé par extrusion au site magnétique d'USAR à Stillwater, Oklahoma, une fois la production démarrée. LCM dessert des clients dans les secteurs de la défense, de l'automobile, des véhicules électriques, industriel et technologique aux États-Unis, au Royaume-Uni, en France, en Allemagne, au Japon et à Taïwan.
USA Rare Earth (Nasdaq: USAR) gab am 12. November 2025 bekannt, dass der britische Staatsminister den Erwerb von Less Common Metals (LCM) genehmigt hat.
Da dies die einzige regulatorische Genehmigung ist, erwartet das Unternehmen, die Transaktion zeitnah abzuschließen und strebt Q4 2025 an. Die Übernahme wird als Beschleunigung der magnet-to-mine-Strategie von USAR beschrieben und die Schaffung einer End-to-End-Rohstoffversorgungskette.
Nach dem Abschluss wird LCM weiterhin weltweit seltene Erden und kritische Metalle sowie Legierungen liefern und NdFeB-Metall und Strip-Cast-Legierung an das Magnetwerk von USAR in Stillwater, Oklahoma liefern, sobald die Produktion beginnt. LCM bedient Kunden in Verteidigung, Automobil, EV, Industrie- und Technologiesektoren in den USA, dem Vereinigten Königreich, Frankreich, Deutschland, Japan und Taiwan.
USA Rare Earth (ناسداك: USAR) أعلنت في 12 نوفمبر 2025 أن وزير الدولة البريطاني وافق على استحواذها على Less Common Metals (LCM).
مع اعتبار هذا هو الموافقات التنظيمية الوحيدة المطلوبة، تتوقع الشركة إغلاق الصفقة في وقت مناسب، مستهدفة الربع الرابع من 2025. يوصف الاستحواذ بأنه يسرع استراتيجية magnet-to-mine لدى USAR ويخلق سلسلة إمداد من الأرض النادرة من النهاية إلى النهاية.
بعد الإغلاق، ستستمر LCM في الإمداد العالمي للمعادن النادرة والمعادن والسبائك الحيوية وستزود مصنع المغناطيسات في Stillwater، أوكلاهوما بمعدن NdFeB وسبائك مصبوبة شرائط إلى USAR عند بدء الإنتاج. تخدم LCM عملاء في قطاعات الدفاع والسيارات والسيارات الكهربائية والصناعية والتكنولوجية في الولايات المتحدة والمملكة المتحدة وفرنسا ألمانيا واليابان وتايوان.
- UK regulatory approval received on Nov 12, 2025
- Targeted close in Q4 2025
- Establishes an end-to-end rare earth supply chain
- LCM to supply NdFeB metal and strip cast alloy to Stillwater
- None.
STILLWATER, Okla., Nov. 12, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth (Nasdaq: USAR) (USAR or the Company) today announced that it has received regulatory approval from the UK Minister of State for its acquisition of LCM. Having now received the only regulatory approval required, the Company expects to close the acquisition in a timely manner, in line with its stated target of fourth quarter of calendar year 2025.
The acquisition represents a significant acceleration of USAR's magnet-to-mine strategy, establishing an end-to-end rare earth supply chain. As a result of this transaction, LCM will be able to continue to expand and serve its global customer base with a broad portfolio of rare earth and critical metals and alloys, while also supplying Neodymium Iron Boron (NdFeB) metal and strip cast alloy to USAR's Stillwater, Oklahoma magnet facility once production begins.
LCM's metals and alloys are essential to the manufacturing of advanced magnets, semiconductors, and aerospace components. The company supplies customers across defense, automotive, electric vehicle, industrial, and technology sectors in the U.S., UK, France, Germany, Japan, and Taiwan.
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.
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
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