USA Rare Earth (USAR) Registration filing summary

Company overview and business model

• Building a fully integrated rare earth and permanent magnet value chain across the U.S., Brazil, and the U.K., spanning mining, metal-making, alloy production, and neodymium magnet manufacturing.

• Recent acquisition of Serra Verde, adding the Pela Ema rare earth mine and processing plant in Brazil, the only non-Asian producer supplying all four magnetic rare earth elements at scale.

• Focused on establishing a secure, Western-aligned supply of critical materials for aerospace, defense, semiconductor, energy, and other sectors.

Financial performance and metrics

• Incorporated by reference are the Annual Report on Form 10-K for the year ended December 31, 2025, and Quarterly Reports for Q1 and Q2 2026, as well as multiple 8-K filings.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including debt repayment, capital expenditures, or other corporate needs.

• Proceeds may be temporarily invested or used to repay short-term debt until allocated.