Business
USA Rare Earth hopes to raise up to $500m in IPO – MINING.COM – MINING.com
The company is developing the Round Top rare earths deposit in Texas.
Investors are growing more interested in exposure to rare earths, 17 minerals used to build electronics
Any offering is expected to raise between $300 million to $500 million, which would be used in part to finance the Texas mine and processing facility. The company hopes to have it operating by 2023.
Investors are growing more interested in exposure to rare earths, 17 minerals used in certain military applications, ceramics, wind turbines, electric cars and medical equipment. China is the worlds…
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