USA Rare Earth Produces Commercial-Grade Yttrium, Plans Major Expansion by 2030

Published: Apr 17, 2026 13:56

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[SMM Rare Earth Outside China] US rare earth producer USA Rare Earth (USAR) has produced commercial-grade yttrium metal through its wholly-owned subsidiary Less Common Metals (LCM). It is reported that the purity of the yttrium metal produced this time is between 99-99.5%. USAR acquired LCM in September 2025 for $125 million. LCM has a metal manufacturing capacity of 1,500 mt/year and plans to increase its rapid-solidification permanent magnet strip casting capacity by 26,000 mt/year in the UK, US, and France by 2030.

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