USA Rare Earth Inc. operates as a specialized manufacturer of magnets. The company is in the process of establishing a fully integrated operation covering the entire supply chain for Neodymium Iron Boron (NdFeB) magnets, from the sourcing and extraction of raw minerals to their processing and final manufacturing. USA Rare Earth supplies these essential components to a diverse array of industries within the United States, including defense, automotive, aerospace, industrial, medical, and consumer electronics sectors.