Round Top Project Has Sole Operator With Acquisition

STILLWATER, OK – USA Rare Earth, Inc. (USAR) and Texas Mineral Resources Corp. (TMRC) announced a definitive agreement for USAR to acquire all of the outstanding shares of TMRC. The acquisition secures outstanding minority interests, establishing USAR as the sole operator and 100% economic beneficiary of the Round Top Project. This strategic transaction streamlines USAR’s operations as it builds a global champion in critical minerals and technology.