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04 Feb
16:18

RARE EARTH: USA Rare Earth looking at IPO in late 2021

New York-based USA Rare Earth LLC is looking at an initial public stock offering later this year, as it works to develop its Round Top Mountain rare earths deposit with high-tech metals, lithium, uranium and beryllium in West Texas, Kallanish reports. The privately held company has hired bankers to explore going public, perhaps through a special purpose acquisition company, in a deal that could value the company at more than $1 billion, Reuters says, citing docume…
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