USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States. The company controls mining rights to the Round Top Mountain, a rare earth and critical minerals deposit in West Texas, which holds deposits of heavy rare earth minerals, such as neodymium, dysprosium, and terbium, as well as other critical tech metals, such as gallium, beryllium, lithium, and other critical minerals. Its magnets and rare earth minerals are used for a range of products in the defense, automotive, aviation, industrial, medical, and consumer electronics industries. USA Rare Earth, Inc. was founded in 2019 and is based in Stillwater, Oklahoma.