USA Rare Earth Stock Price Falls Despite Stillwater Magnet-Line Startup
USA Rare Earth shares fell 3.6% to $15.42 Friday after launching Phase 1a of its Stillwater, Oklahoma magnet plant, which will begin filling orders in Q2. The company expects the line to reach 600 metric tons annual capacity by end-2026, with a second line planned for 2027. The drop followed a broader market selloff. USA Rare Earth recently agreed to acquire full control of the Round Top deposit in Texas.