"The 'closed loop moment' of the American rare earth industry chain? Rare earth new force USA Rare Earth (USAR.US) officially acquires LCM"
According to the Smart Finance APP, USA Rare Earth (USAR.US), a rare earth new force from the United States, announced on Wednesday that its acquisition of Less Common Metals (LCM) has obtained official regulatory approval from the British Secretary of State. The news drove the stock to rise over 3% in pre-market trading. The American rare earth company stated that with the required anti-monopoly regulatory approval now in hand, it is expected that the acquisition will be completed immediately, meeting the target time set for the fourth quarter of 2025 on the calendar.
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