USA Rare Earth releases transcript of Q2 2026 earnings call
Reuters2026/08/28 00:53- USA Rare Earth held its Q2 2026 earnings call with CEO Barbara Humpton, CFO Rob Steele, investor relations head J.B. Lowe.
- Q2 revenue about USD 6 million from LCM metals and alloys; operating expenses about USD 45 million; cash about USD 1.5 billion.
- Serra Verde acquisition: shareholder vote set for Aug. 28; closing expected shortly after; no remaining regulatory hurdles cited.
- Serra Verde targeted to scale to 6,400 metric tons TRIO run-rate capacity by end-2027; management flagged heavy rare earth shortages.
- Stillwater magnet plant: 600 metric tons run-rate capacity by year-end; 1,200 metric tons in Q1; first magnet sales targeted by year-end.
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