Why USA Rare Earth Stock Exploded 94% in Just 5 Weeks to All-Time Highs

Shares of USA Rare Earth (NASDAQ: USAR) jumped 15.2% in September, according to data provided by S&P Global Market Intelligence. If that still doesn't appeal to you, wait until you hear this: The stock is already up a whopping 57% in October, which means USA Rare Earth shares have rallied almost 94% in just about five weeks, as of this writing.As its name suggests, USA Rare Earth is a rare earth minerals company. It controls the mining to the Round Top Mountain deposit in Texas and is building a manufacturing facility in Stillwater, Oklahoma, to manufacture sintered neodymium magnets. That means USA Rare Earth a vertically integrated rare earth minerals company, with operations spanning from mining to production of magnets.USA Rare Earth produced its first batch of the magnets in early 2025 and expects to begin production at its Stillwater facility in the first quarter of 2026. The plant can produce 5,000 metric tonnes (MT) annually at full capacity, equivalent to hundreds of thousands of magnets per year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool