The administration announced a $1.6 billion deal with USA Rare Earth. The firm also does business with Cantor Fitzgerald, which is run by the sons of President Trump’s commerce secretary.
The Trump administration announced on Monday that it had agreed to extend up to $277 million in direct funding and up to $1.3 billion in loans to USA Rare Earth Inc., a mining and manufacturing group, to help develop its supply chain for rare earth m… [2041 chars]
Source: The New York Times | Published: 2026-01-27T00:35:27Z
Credit: The New York Times
