SIR Capital Management significantly increased its investment in USA Rare Earth (USAR), boosting its share count by nearly 200% to 250,410 shares. This disclosure, part of a quarterly 13F filing with the SEC, reflects the firm's position as of June 30, 2026, and not necessarily a real-time trading decision. The reported value of SIR Capital's holding in the rare earth element producer jumped from $1.26 million to $5.40 million.
This increased investment comes as USA Rare Earth is making significant strategic moves to create a fully integrated rare-earth supply chain outside of China, including a pending acquisition of the Serra Verde mine in Brazil. The company has also secured substantial financial backing from the U.S. government to advance its domestic mining and processing capabilities. These developments aim to establish a secure, Western-aligned source for critical materials essential for various technologies.