USA Rare Earth initiated with an Outperform at William Blair

William Blair initiated coverage of USA Rare Earth (USAR) with an Outperform rating and no price target USA Rare Earth is one of the few fully integrated rare earth companies, featuring a research facility developing proprietary rare earth extraction and purification technology, a magnet manufacturing facility, and majority ownership of the Round Top mine in Texas, the analyst tells investors in a research note. The firm sees the company’s assets generating long-term shareholder return. Blair also believes the U.S. government may announce sizable investment in USA Rare Earth.