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USA Rare Earth Subsidiary Less Common Metals and Solvay Sign Strategic Agreement to Provide Permag Secure, Stable Supply of Rare Earth Metals
Globenewswire· 2025-11-20 20:01
STILLWATER, Okla., Nov. 20, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. (Nasdaq: USAR) (USAR or the Company), today announced that its wholly owned subsidiary, Less Common Metals (LCM), has established a strategic partnership with Solvay, a multinational chemical company, to supply rare earth metals to Permag, a leader in high-precision magnets and magnetic assemblies. This partnership will ensure a resilient, secure supply of Samarium material for the European market and Permag’s global customer base. Un ...