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Commerce · CHIPS Act
USA Rare Earth, Inc.
announced 2026-06-03
Stake size
—
Announced value
$277.0M
Agency
Commerce
Program
CHIPS Act
U.S. Department of Commerce CHIPS Act direct funding and loan agreement
USA Rare Earth, Inc. entered into definitive agreements with the U.S. Department of Commerce for approximately $1.6 billion in funding, including $277 million in direct CHIPS Act grants. The funding is contingent upon the company achieving certain project, financing, and commercial milestones.
Source