USUnited StatesGovernment bodyUS

U.S. Department of Commerce

Also named: Department of Commerce

org-us-commerce

Capital provided

By value role; only committed money is summed, per currency.

Public commitments

12 rows · summed per currency

Committed to a recipient by a government or public enterprise, at the status each row states. A contracted, partially disbursed or disbursed row is binding because an agreement is executed; payment is tracked separately by status. A contracted row need not mean funds are obligated or paid, and a partially disbursed row is not fully paid. Summed per currency and per instrument, never across either; a part is never added to its package.

USD

Loan guarantee1 row

Binding

Up to
1.3 billion

Instrument not specified1 row

Listed, not summed: the sources name no instrument the tracker's vocabulary covers.

2 counted · 10 parts not added again

US3 Jun 2026

USA Rare Earth, Inc.

up toUSD277 million

Commerce's CHIPS Program letter of intent with USA Rare Earth, and the funding and loan guarantee agreements that followed

CommitmentInstrument not specifiedPublicContractedMining · Processing · Refining · Component manufacturingambiguity noted
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD1.3 billion

Commerce's CHIPS Program letter of intent with USA Rare Earth, and the funding and loan guarantee agreements that followed

CommitmentLoan guaranteePublicContractedMining · Processing · Refining · Component manufacturing
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD60 million

Magnet Project 2

CommitmentInstrument not specifiedPublicContractedComponent manufacturingambiguity noted
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD325 million

Magnet Project 2

CommitmentLoan guaranteePublicContractedComponent manufacturingambiguity noted
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD15 million

Metal Project 2

CommitmentInstrument not specifiedPublicContractedRefiningambiguity noted
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD75 million

Metal Project 2

CommitmentLoan guaranteePublicContractedRefiningambiguity noted
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD132 million

Round Top Mine Project

CommitmentInstrument not specifiedPublicContractedMining · Processingambiguity noted
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD550 million

Round Top Mine Project

CommitmentLoan guaranteePublicContractedMining · Processing
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD50 million

Stillwater Magnet Project

CommitmentInstrument not specifiedPublicContractedComponent manufacturingambiguity noted
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD250 million

Stillwater Magnet Project

CommitmentLoan guaranteePublicContractedComponent manufacturing
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD20 million

Stillwater Metal Project

CommitmentInstrument not specifiedPublicContractedRefiningambiguity noted
US3 Jun 2026

USA Rare Earth, Inc.

up toUSD100 million

Stillwater Metal Project

CommitmentLoan guaranteePublicContractedRefiningambiguity noted

Non-binding indications

1 row · listed, not summed

Non-binding letters of intent or interest that name an amount. Listed, never summed: an indication is possible support, not a commitment, capital or a backer.

Projects, programmes and designations

Administers

CHIPS Incentives ProgramMulti-instrument programme

Record

Kind
Government body
Country
US
Government
United States
Parent bodies
None recorded

Evidence

Name, kind, country, government and parent links each name their source.

  1. Office of Strategic Capital Agrees to Joint $700M Conditional Loan Commitment with Vulcan Elements and ReElement Technologies

    U.S. Department of War (Office of Strategic Capital)

    Fields supported
    Name · Kind · Country · Government
    Evidence level
    Explicit
    Location in document
    Fourth paragraph
    Qualification
    "the Department of Commerce's Creating Helpful Incentives to Produce Semiconductors (CHIPS) Program Office"
    View source dossier →