$73M Deal Gives Rare Earth Developer Full Control of Key U.S. Critical Minerals Project
As geopolitical tensions continue to reshape global supply chains, securing domestic sources of critical minerals has become a cornerstone of U.S. industrial policy. Against that backdrop, a major rare earth developer is moving to merge control of a key strategic asset in West Texas, announcing a transaction that significantly strengthens the push for an independent, non-China rare earth supply chain. USA Rare Earth (Nasdaq: USAR) has entered into a definitive agreement to acquire Texas Mineral Resources Corp. (OTCQB: TMRC) in an all-stock transaction valued at $73M. The deal grants ...
AllPennyStocks.com·16d ago