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© 2026 Reetracker. All rights reserved.ABN: 44 091 554 873. Headquartered in Perth, Western Australia.Follow us on LinkedIn
v1.14.0-c07f575·Data last verified: April 22, 2026
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Round Top Project

Rare Earth Mining Project

Preliminary Analyst Data

Project Overview

Status

Advanced Development

Ore Type

Polymetallic / Heap Leach

Country

USA

Target Year

2028

Operator

USA Rare Earth

Development Milestones

3 of 6 milestones complete50%
  1. ✓

    Pilot Heap Leach Program

    Successful pilot heap leach demonstrated recoveries for 15 of 17 rare earths including critical Dy and Tb.

    Completed2022
  2. ✓

    Phase 1 Engineering

    Phase 1 front-end engineering and design completed for initial heap leach and processing facilities.

    Completed2023
  3. ✓

    $1.6B Investment Secured

    USA Rare Earth secured $1.6 billion in capital commitments in January 2026, enabling project advancement.

    CompletedQ1 2026
  4. ◉

    Feasibility Study

    Full feasibility study incorporating the expanded capital available post-financing.

    In ProgressH2 2026
  5. ○

    Construction Commencement

    Major construction works to commence following feasibility completion.

    Pending2026
  6. ○

    First REE Production

    First commercial rare earth oxide production targeting Dy and Tb alongside light REEs.

    Pending2028

Analyst Notes

Hosts 15 of 17 rare earths; specifically critical for Dysprosium and Terbium. Secured $1.6B investment Jan 2026.

Supply Chain Connections

→ Wheat Ridge Pilot Plant

View Details →
Material: FeedstockStatus: Pilot FeedOperated by USA Rare Earth

→ White Mesa Mill (Phase 2)

View Details →
Material: Mixed REE CarbonateStatus: Feedstock PartnerOperated by Energy Fuels

→ Caremag Lacq

View Details →
Material: Heavy REE ConcentrateStatus: Strategic Feedstock AgreementOperated by Caremag

Policy & Regulatory Updates

1 article mentioning USA Rare Earth

  • Apr 2026

    The $2.8B Serra Verde Merger: Building the Western "Champion"

    USA Rare Earth (Nasdaq: USAR) has announced a definitive $2.8 billion agreement to acquire Brazil's Serra Verde Group, creating the West's first vertically integrated "Mine-to-Magnet" champion - combining the Pela Ema ionic clay mine with downstream magnet manufacturing in Oklahoma.

View all USA Rare Earth policy updates →

Location

Latitude: 31.1370°

Longitude: -105.2850°

View on Interactive Map →

Data Verification

This information is compiled from public sources and company reports. If you notice any discrepancies, please help us improve.

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