USA Rare Earth speeds up Texas project; shares rise

Shares of rare earth magnet company USA Rare Earth USAR.O rise 4.5% to $18.30 premarket

USAR says it will accelerate commercialization timeline for its Round Top heavy rare earth deposit in Texas

Co plans to begin production by late 2028, two years earlier than previously expected

Expects to begin operating its Hydromet demonstration facility in Colorado early in 2026

Up to last close, stock up 52.53% YTD