USA Rare Earth Shares Rise on $19.3M DOE Award Amid Market Volatility
Shares in USA Rare Earth (NASDAQ: USAR) surged nearly 7% after receiving a $19.3 million award from the Department of Energy to develop rare earth element processing capabilities, countering recent declines due to improved U.S.-China relations and concerns over market dynamics.
Topics: government funding rare-earth minerals U.S.-China relations