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USA Rare Earth Awarded $14.2 Million Texas Semiconductor Innovation Fund Grant to Accelerate Round Top Mountain Heavy Rare Earth Project

Texas Investment Strengthens Integrated Rare Earth Value Chain and Supports 260 New Jobs in Hudspeth CountySTILLWATER, Okla., May 12, 2026 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. (Nasdaq: USAR) (the Company) today announced that the State of Texas has awarded the Company a $14,177,600 grant from the Texas Semiconductor Innovation Fund (TSIF) to accelerate development of its Round Top Mountain heavy rare earth project in Hudspeth County, Texas. The award supports a project expected to generate a

articleUsa Rare Earth, Inc.May 12, 20267/company/usa-rare-earth-inc/news/usa-rare-earth-awarded-dollar142-million-texas-semiconductor-innovation-fund-grant-to-accelerate-round-top-mountain-heavy-rare-earth-project
USA Rare Earth Awarded $14.2 Million Texas Semiconductor Innovation Fund Grant to Accelerate Round Top Mountain Heavy Rare Earth Project

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Governor AbbottTexasRare EarthRound Top Mountainsemiconductor manufacturingWest TexasHudspeth CountyCompanycapital investmentvalue chainpermanent magnet