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USA Rare Earth acquires Less Common Metals

PUBLIC · USARNov 21, 2025

Acquiring Company

USA Rare Earth

Acquired Company

Less Common Materials

StillwaterEllesmere PortOtherEnergyMiningMineralMining TechnologyManufacturingPrecious Metals

Description

USA Rare Earth has announced the acquisition of Less Common Metals, a U.K.-based company. This strategic move aims to strengthen the domestic supply chain for rare-earth elements. The acquisition is part of USA Rare Earth's broader mission to reduce U.S. dependence on Chinese sources for critical materials.

Quick answer

USA Rare Earth is acquiring Less Common Materials, announced November 21, 2025. USA Rare Earth is based in Stillwater, Oklahoma, United States.

How much did USA Rare Earth pay for Less Common Materials?
The deal value was not disclosed.
What does USA Rare Earth do?
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,..
Where are USA Rare Earth and Less Common Materials based?
USA Rare Earth is based in Stillwater, Oklahoma, United States. Less Common Materials is based in Ellesmere Port, Cheshire, United Kingdom.
Who are the decision-makers at USA Rare Earth?
Fundz holds 1 contact at USA Rare Earth. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

USA Rare Earth

Location

Stillwater, Oklahoma, United States

About

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.

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Frequently asked

Who acquired Less Common Materials?

Less Common Materials was acquired by USA Rare Earth, based in Stillwater. The deal was reported on November 21, 2025. USA Rare Earth, Inc. USA Rare Earth is publicly traded (USAR) and operates in Other.

When did USA Rare Earth acquire Less Common Materials?

USA Rare Earth's acquisition of Less Common Materials was reported on November 21, 2025. USA Rare Earth has announced the acquisition of Less Common Metals, a U.K.-based company. This strategic move aims to strengthen the domestic supply chain for rare-earth elements. The acquisition is part of USA Rare Earth's broader mission to reduce U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Less Common Materials do?

Less Common Materials specializes in metal-making and strip-casting technologies. The company plays a crucial role in supplying materials for advanced technology and defense applications. Its capabilities contribute significantly to the rare earth sector. It is privately held, operating in Manufacturing, and is based in Ellesmere Port.

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