USA Rare Earth gains on tie-up with Enduro for neo magnets delivery
** Shares of rare earth magnet company USA Rare Earth USAR.O rise 2.1% to $15.77 premarket
** Company signs memorandum of understanding with Enduro Pipeline Services for delivery of the its neo magnets, of which USAR plans to begin production in early 2026
** Enduro provides pipeline cleaning and inline inspection (ILI) tools; its advanced pipeline pigs, also known as "intelligent pigs" or "smart pigs," use high-powered neodymium magnets to collect ferrous debris, detect defects, and track their location within the pipeline
** USAR says the agreement is the latest in a series commissioning its innovations lab in Stillwater, Oklahoma, which mimics the production capabilities of its commercial manufacturing facility once commissioned in 2026
** Up till last close, stock up 34.5% YTD
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