{"id":469648,"date":"2025-10-02T23:31:27","date_gmt":"2025-10-02T23:31:27","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/469648\/"},"modified":"2025-10-02T23:31:27","modified_gmt":"2025-10-02T23:31:27","slug":"usa-rare-earth-jumps-after-ceo-confirms-its-talking-with-white-house","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/469648\/","title":{"rendered":"USA Rare Earth jumps after CEO confirms it&#8217;s talking with White House"},"content":{"rendered":"<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/108207286-17594475091759447507-41921517869-1080pnbcnews.jpg\" alt=\"USA Rare Earth CEO: We are in close communication with White House\"\/><\/p>\n<p>Shares of <a href=\"https:\/\/www.cnbc.com\/quotes\/undefined\/\" target=\"_blank\" rel=\"noopener\">USA Rare Earth<\/a> jumped in extended trading Thursday, after CEO Barbara Humpton told CNBC that the rare earth miner is &#8220;in close communcation&#8221; with the White House.<\/p>\n<p>Humpton&#8217;s comment comes after the Trump administration took <a href=\"https:\/\/www.cnbc.com\/2025\/09\/30\/lithium-americas-stock-pops-as-government-takes-a-stake-to-boost-nevada-project.html\" target=\"_blank\" rel=\"noopener\">a 5% equity stake<\/a> in <a id=\"107333173\" href=\"https:\/\/www.cnbc.com\/quotes\/\" type=\"security\" brand=\"cnbc\" section=\"[object Object]\" contentclassification=\"\" target=\"_blank\" rel=\"noopener\">Lithium Americas<\/a> this week. The Defense Department took <a href=\"https:\/\/www.cnbc.com\/2025\/07\/10\/pentagon-to-become-largest-shareholder-in-rare-earth-magnet-maker-mp-materials.html\" target=\"_blank\" rel=\"noopener\">a 15% stake<\/a> in rare earth miner <a href=\"https:\/\/www.cnbc.com\/quotes\/MP\/\" target=\"_blank\" rel=\"noopener\">MP Materials<\/a> in July.<\/p>\n<p>&#8220;We are in close communication with the administration,&#8221; Humpton told CNBC&#8217;s Morgan Brennan when asked whether USA Rare Earth was interested in a deal with the Trump administration.<\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>USA Rare Earth stock year to date. <\/p>\n<p>USA Rare Earth shares were last up about 6% after hours. Its stock gained 23% in regular trading Thursday and has nearly doubled this year.<\/p>\n<p>&#8220;This is a field where it will not be a zero sum game,&#8221; Humpton said of the rare earth supply chain. &#8220;It&#8217;s going to take a lot of players to build out this marketplace.&#8221;<\/p>\n<p>USA Rare Earth is developing a mine in Sierra Blanca, Texas, and a magnet production facility in Stillwater, Oklahoma. Humpton said she supports the Trump administration&#8217;s deals with MP and Lithium Americas.<\/p>\n<p>&#8220;What we&#8217;re doing is keeping the administration informed of our own plans,&#8221; she said.<\/p>\n<p>The adminstration has said it is <a href=\"https:\/\/www.cnbc.com\/2025\/07\/10\/pentagon-to-become-largest-shareholder-in-rare-earth-magnet-maker-mp-materials.html\" target=\"_blank\" rel=\"noopener\">making the investments<\/a> to help support the industry and break U.S. dependence on China. <\/p>\n","protected":false},"excerpt":{"rendered":"Shares of USA Rare Earth jumped in extended trading Thursday, after CEO Barbara Humpton told CNBC that the&hellip;\n","protected":false},"author":2,"featured_media":469649,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[4959,3085,35,156392,156391,2441,88535,49,978,659],"class_list":{"0":"post-469648","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-breaking-news-markets","9":"tag-business-news","10":"tag-energy","11":"tag-inflection-point-acquisition-corp-ii","12":"tag-lithium-americas-corp","13":"tag-markets","14":"tag-mp-materials-corp","15":"tag-united-states","16":"tag-us","17":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115307183636213173","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/469648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=469648"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/469648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/469649"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=469648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=469648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=469648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}