USA Rare Earth stock price in focus as report flags $1.6 billion U.S. stake deal for rare metals play
The Trump administration plans to buy a 10% stake in USA Rare Earth as part of a $1.6 billion deal, sources told Reuters. A separate $1 billion private investment and an investor call are set for Monday. USA Rare Earth shares closed up 9.1% Friday at $24.77. The White House and the company declined to comment.