
USA Rare Earth seizes full control of North America’s richest heavy rare-earth deposit in Texas, delivering a strategic blow to China’s dominance and bolstering President Trump’s vision for American energy independence.
Story Highlights
- USA Rare Earth acquires remaining stake in Round Top project for $73 million, securing 100% ownership and accelerating production to late 2028.
- U.S. government invests $1.6 billion in January 2026 to build domestic critical mineral supply chains, countering China’s near-total control.
- Texas Land Commissioner Dawn Buckingham hails the deposit as key to generating billions for public schools while enhancing national security.
- Round Top offers heavy rare earth elements vital for defense tech, semiconductors, and EVs, with a vertically integrated mine-to-magnet strategy.
- Project scales to 40,000 metric tons per day by 2030, creating jobs in West Texas and reducing reliance on foreign adversaries.
Acquisition Secures Full Control of Round Top
In early March, USA Rare Earth announced a definitive agreement to acquire Texas Mineral Resources’ remaining 18.6% stake in the Round Top project for approximately $73 million in all-stock, gaining 100% ownership of the 950-acre state lease and over 9,300 acres of prospecting rights.
CEO Barbara Humpton called the move a vital pillar in building a non-China-dependent critical minerals platform.
This consolidates control after USA Rare Earth already held a majority interest and developed downstream facilities in Colorado and Oklahoma. The deal positions the company for streamlined development on state-owned land in Hudspeth County, 85 miles southeast of El Paso, avoiding federal delays.
Federal Funding Accelerates Timeline Under Trump Policies
In January 2026, the U.S. government committed $1.6 billion to USA Rare Earth, supporting domestic supply chains for defense, semiconductors, and advanced technology.
This funding aligns with President Trump’s emergency powers, invoked last year, to stockpile critical minerals and counter China’s dominance in rare-earth processing and magnets.
The project timeline advanced in late 2025, targeting initial commercial production by late 2028—two years ahead of schedule—and a full-scale capacity of 40,000 metric tons of ore per day by 2030. West Texas infrastructure, including highways, rail, power, and water, enables rapid progress under the Accelerated Mining Plan.
Texas Leadership Drives Revenue and Security Gains
Texas Land Commissioner Dawn Buckingham promotes Round Top as North America’s richest source of heavy rare-earth elements, containing 15 of 17 rare earths plus gallium, beryllium, lithium, hafnium, and zirconium.
State leases, held for years by Texas Mineral Resources, generate billions in revenue for public schools while breaking China’s grip. Pro-development policies in Texas streamline permitting and operations, in contrast to federal red tape elsewhere.
The vertically integrated approach—from mine to magnets—supports U.S. industries like EVs, renewables, and defense without globalist dependencies that plagued the Biden era.
Hudspeth County benefits from jobs and infrastructure upgrades, fostering economic growth in a region primed for mining. This initiative echoes Trump’s broader push, including $12 billion in seed money for critical minerals, prioritizing American workers and security over overseas entanglements.
Texas rare-earth project aims to curb US reliance on China, strengthen national security https://t.co/NU5xB3nUNS
— FOX Business (@FoxBusiness) March 16, 2026
Strategic Impacts Strengthen National Defense
Short-term, full ownership accelerates feasibility studies, permitting, and early output from Colorado’s pilot separation facility and Oklahoma’s magnet plant, boosting investor confidence with a 1% rise in pre-market share.
Long-term, Round Top supplies heavy rare earths essential for fighter jets, missiles, and semiconductors by 2028-2030, slashing risks from China’s supply disruptions.
Communities gain: Texas schools receive funding, local economies expand, and defense firms secure reliable sources. Experts at Mining.com and Prism MarketView praise it as a significant step for U.S. tech independence.
The National Association of Manufacturers affirms the feasibility, noting alignment with efforts to counter China’s dominance. Uniform optimism prevails, though execution hinges on ongoing studies.
This project embodies conservative principles of limited government interference, private enterprise, and self-reliance, delivering victories for families frustrated by past fiscal mismanagement and foreign overdependence.
Sources:
Mining.com: USA Rare Earth to buy remaining Round Top stake for $73M
NAM: USA Rare Earth Gains Texas Round Top Ownership
Prism MarketView: USA Rare Earth to Acquire Texas Mineral Resources
Fox Business: Texas rare-earth project aims to curb US reliance on China
Mining Weekly: USA Rare Earth to acquire Texas Minerals












