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USA Rare Earth (USAR) in our theses

USA Rare Earth appears in one of our theses. Below is why it entered the basket and how it has done since publication.

Theses holding it
1
Average return
+4.2%
since publication
Last price
19.26 USD
August 22, 2026
Live July 13, 2026 · geopolitics · edge 42

Rare Earths: The Real Bottleneck Is Not Mining, but China-Dominated NdFeB Magnet Production

The rare earth bottleneck is NdFeB magnets, not mining: Chinese export licensing and robot demand empower non-Chinese producers.

Why this company: Pure-play, high-beta magnet exposure with Texas NdFeB plant and upstream asset. Speculative pre-revenue leverage on the Western magnet supply chain buildout.

USAR since this thesis was published: +4.2% · whole basket +0.6%

Where these numbers come from

The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.

This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.

See all of our theses

Each with a publication date, a causal map and a score assigned before the market ruled.

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