🟢 USA Rare Earth, Inc. is trading 5% up today after announcing a $1.2B manufacturing investment in South Carolina

USA Rare Earth, Inc. is trading 5% up today at $30.90 after investors reacted to its newly announced $1.2 billion manufacturing investment in Cherokee County, South Carolina.

• The project will produce rare earth metals and permanent magnets for defense, aerospace, EV, and renewable energy supply chains.
• The initiative reinforces the company's role in onshoring critical materials, driving renewed optimism regarding its long-term growth and strategic importance.