Usa Rare Earth, Inc. · NASDAQ:USAR
Usa Rare Earth — Q3 2025 Earnings Presentation
7 slides from Usa Rare Earth's earnings presentation, Nov 6, 2025
Slide 1: USA Rare Earth Third Quarter 2025
USA RARE EARTH THIRD QUARTER 2025 November 6, 2025
Slide 2: Disclaimer
DISCLAIMER Forward Looking Statements Certain statements made in this presentation are "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may generally be identified by the us
Slide 3: Q3 2025 Overview: Strategic and Operational Highlights
Q3 2025 OVERVIEW Strategic and Operational Highlights Serving National Priorities Stabilizing the Supply Chain Delivering Shareholder Value • Secure, Reshore and Grow for US and our Allies • Transformational LCM acquisition • Driving customer demand across multiple • “Magnet-to-Mine” strategy adding
Slide 4: Round Top Mountain and Wheat Ridge Colorado Progress Update
ROUND TOP MOUNTAIN AND WHEAT RIDGE COLORADO Progress Update • Swarf Recycling Moving to Pilot Phase: o Bench scale testing progressed to support Pilot Testing o Targeting Q1 2026 • PFS Initiation at Round Top: o Technical validation of flow sheet at bench and pilot scale o Moving to PFS in Q4 2025 o
Slide 5: Q3 2025 Overview: Financial Highlights
Q3 2025 OVERVIEW Financial Highlights Strong Financial Foundation Accelerating Investments Adding finishing equipment to Line 1a and investing in 600 MT Line $257 million cash position as of September 30, 2025 1b bringing Line 1 to 1,200 MT Current cash approximately $400 million Planned office expa
Slide 6: Acquisition of LCM Is a Key Link in USAR's Mine-to-Magnet Strategy
ACQUISITION OF LCM IS A KEY LINK IN USAR’S MINE-TO-MAGNET STRATEGY Promise Made, Promise Kept Processing & Deposit Metal Making Strip Casting Magnets Round Top, TX Separation1 Cheshire, U.K. Cheshire, U.K. Stillwater, OK Wheat Ridge, CO Technical Development Operating Under Construction Largest He
Slide 7: Q&A
Q&A