Usa Rare Earth, Inc. · NASDAQ:USAR
Usa Rare Earth — Q2 2026 Earnings Presentation
8 slides from Usa Rare Earth's earnings presentation, Aug 10, 2026
Slide 1: USA Rare Earth Second Quarter 2026
USA RARE EARTH SECOND QUARTER 2026 August 10, 2026
Slide 2: Disclaimer
DISCLAIMER Forward-looking Statements This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include those relating to the proposed acquisition of Serra Verde Group, the expected timing and completion of th
Slide 3: Our Mission
METAL MAKING & STRIP CASTING Cheshire, UK RESEARCH & DEVELOPMENT Wheat Ridge, CO METAL & MAGNET PRODUCTION Stillwater, OK METAL & MAGNET PRODUCTION Blacksburg, SC ROUND TOP DEPOSIT Sierra Blanca, TX OUR MISSION Secure, Reshore and Grow Rare Earth Magnet Value Chain for the United States and its Alli
Slide 4: The New Rare Earth Market Paradigm
THE NEW RARE EARTH MARKET PARADIGM ✓ Scarcity is the defining condition of the industry today ✓ Supply chains are being rebuilt in real time around reliable and trustworthy sources ✓ Two-tier rare earth market is emerging – China and non-China ✓ Heavy rare earth oxide prices in Western markets are u
Slide 5: Capabilities Across the Entire Value Chain
CAPABILITIES ACROSS THE ENTIRE VALUE CHAIN Upstream Midstream Downstream 100% ownership2 13.6% ownership2 100% ownership Metal Making & Mining Processing & Separation1 Strip Casting Magnets Goiás, Brazil Wheat Ridge, CO Cheshire, U.K. Stillwater, OK Round Top Deposit, TX Round Top Deposit, TX Stillw
Slide 6: Q2 2026 Overview: Strategic and Operational Highlights
Q2 2026 OVERVIEW Strategic and Operational Highlights Building the Leading Value Chain Ramping Operations Commercial Momentum • Announced Serra Verde acquisition, only • Serra Verde optimization and growth project • Round Top: Engaged with over 30 large-scale HREE producer outside Asia on track to r
Slide 7: Q2 2026 Overview: Financial Highlights
Q2 2026 OVERVIEW Financial Highlights Strong Financial Foundation Accelerating Investments Q2 2026 revenues of $5.8 million Q2 2026 capital expenditures of ~$66 million $1.5 billion cash position as of June 30, 2026 Stillwater Phase 1a ramping to 600 MTPA run rate by Q4 2026 $1.6 billion U.S. Dept.
Slide 8: Q&A
Q&A Mh, USA|Rare Earth