USAR stock reversed lower, sliding with other rare earth stocks, despite unlocking up to $1.6 billion in U.S. government financing.

The United States has secured long-term access to one of the worlds largest untapped rare earth deposits, a move that could reduce its future dependence on mineral-rich African…

The project is expected to create 490 jobs and will be supported by recently approved CHIPS Act funding. The U.S. government will become one of the company’s largest shareholders…