USA Rare Earth awarded $14.18M grant from Texas Semiconductor Innovation Fund

USA Rare Earth (USAR) announced that the State of Texas has awarded the company a $14.18M grant from the Texas Semiconductor Innovation Fund, or TSIF, to accelerate development of its Round Top Mountain heavy rare earth project in Hudspeth County, Texas. The award supports a project expected to generate approximately 260 new jobs and to represent more than $1.4B in capital investment in West Texas.

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