USA Rare Earth Secures Potential $1.6 Billion in Funding from U.S. CHIPS Program

USA Rare Earth has signed definitive agreements with the U.S. Department of Commerce, granting access to up to $1.6 billion under the CHIPS program for its rare earth projects. The funding is expected to support critical mineral development and bolster domestic supply chains.

By Carl Surran, SA News Editor · Seeking Alpha ·

USA Rare Earth Secures Potential $1.6 Billion in Funding from U.S. CHIPS Program

Tickers: $USAR

Topics: CHIPS program government funding strategic metals

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