The Zhitong Finance App learned that the stock price of USA Rare Earth (USAR.US) was higher. As of press release, the stock had risen more than 9% to $15.289. According to the news, its subsidiary Less Common Metals (LCM) has signed rare earth material supply agreements with Solvay and Arnold Magnetic Technologies, a subsidiary of Compass Diversified (CODI.US), providing an important impetus for further localization of the rare earth supply chain in the US and Europe. Under the agreement, LCM will use its technical capabilities in rare earth metal and alloy manufacturing to provide high-quality, stable and strategically important rare earth materials for Arnold's advanced permanent magnet production.

The Zhitong Finance App learned that the stock price of USA Rare Earth (USAR.US) was higher. As of press release, the stock had risen more than 9% to $15.289. According to the news, its subsidiary Less Common Metals (LCM) has signed rare earth material supply agreements with Solvay and Arnold Magnetic Technologies, a subsidiary of Compass Diversified (CODI.US), providing an important impetus for further localization of the rare earth supply chain in the US and Europe. Under the agreement, LCM will use its technical capabilities in rare earth metal and alloy manufacturing to provide high-quality, stable and strategically important rare earth materials for Arnold's advanced permanent magnet production.