Strategic Materials
Policy Tracker

Source dossier

Follow one registered original document back to the published records that cite it. Each link below is an explicit source reference, not an association inferred from a shared event, company, material or project.

USA Rare Earth, Inc. Form 8-K (June 3, 2026): Direct Funding Agreement and Loan Guarantee Agreement with the Department of Commerce

Primary source

USA Rare Earth, Inc. / U.S. Securities and Exchange Commission (EDGAR)

OfficialenPublished 3 Jun 2026Accessed 23 Sep 2026

The recipient's binding filing, read in a browser on 2026-09-23. Item 1.01 describes the Direct Funding Agreement (up to $277.0 million in five project awards) and the Loan Guarantee Agreement (the DOC guarantees $1.3 billion of Federal Financing Bank advances in five project tranches), both entered into on 3 June 2026 under the "CHIPS Incentives Program—Facilities for Semiconductor Materials and Manufacturing Equipment"; milestone-based disbursement; equity-raise requirements; covenants; and the Securities Issuance Agreement (16,132,790 shares and a warrant for 17,600,584 shares at $17.17 to the DOC). Cover page: incorporated in Delaware. It supports contract and financing facts it states directly and is attributed to the company.

Open original document ↗

https://www.sec.gov/Archives/edgar/data/1970622/000121390026064453/ea0293402-8k_usarare.htm

21 directly citing records. This is a snapshot of the curated public corpus, not a live document monitor or proof that every sentence in the linked document supports every aspect of a record. Status and implementation observations are distinct from executed agreements, cash disbursements and verified physical milestones. Private research and pending editor reviews are excluded.

Policy events

1 distinct published record with an explicit reference to this source.

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

    evt-us-chips-usar-2026

    • Cited policy event

Financial instruments

12 distinct published records with an explicit reference to this source.

  1. USA Rare Earth, Inc.

    fin-us-chips-usar-2026-direct-funding

    • Field evidence: amount
    • Field evidence: instrument
    • Field evidence: legal_authority
    • Field evidence: programme
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: status
    • Field evidence: terms
    • Financial status report
    • Instrument term
  2. USA Rare Earth, Inc.

    fin-us-chips-usar-2026-loan-guarantee

    • Field evidence: amount
    • Field evidence: instrument
    • Field evidence: legal_authority
    • Field evidence: programme
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: status
    • Field evidence: terms
    • Financial status report
    • Instrument term
  3. Magnet Project 2

    fin-us-chips-usar-2026-magnet-project-2-direct-funding

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: materials
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: stages
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship
  4. Magnet Project 2

    fin-us-chips-usar-2026-magnet-project-2-loan-guarantee

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: materials
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: stages
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship
  5. Metal Project 2

    fin-us-chips-usar-2026-metal-project-2-direct-funding

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: materials
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: stages
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship
  6. Metal Project 2

    fin-us-chips-usar-2026-metal-project-2-loan-guarantee

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: materials
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: stages
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship
  7. Round Top Mine Project

    fin-us-chips-usar-2026-round-top-direct-funding

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: location
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship
  8. Round Top Mine Project

    fin-us-chips-usar-2026-round-top-loan-guarantee

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: location
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship
  9. Stillwater Magnet Project

    fin-us-chips-usar-2026-stillwater-magnet-direct-funding

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: location
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship
  10. Stillwater Magnet Project

    fin-us-chips-usar-2026-stillwater-magnet-loan-guarantee

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: location
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship
  11. Stillwater Metal Project

    fin-us-chips-usar-2026-stillwater-metal-direct-funding

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: location
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship
  12. Stillwater Metal Project

    fin-us-chips-usar-2026-stillwater-metal-loan-guarantee

    • Field evidence: amount
    • Field evidence: capital_source
    • Field evidence: instrument
    • Field evidence: location
    • Field evidence: programme
    • Field evidence: project
    • Field evidence: provider
    • Field evidence: recipient
    • Field evidence: relationships
    • Field evidence: status
    • Field evidence: value_role
    • Financial status report
    • Instrument relationship

Control clauses

1 distinct published record with an explicit reference to this source.

  1. contractual_ownership_covenant · Funding Agreements, covenants (iv) and (xi)

    ctl-us-chips-usar-2026-covenants

    • Control legal-status observation
    • Field evidence: clause
    • Field evidence: direction
    • Field evidence: legal_basis
    • Field evidence: materials
    • Field evidence: measure_type
    • Field evidence: product_scope
    • Field evidence: status
    • Field evidence: targets

Projects

5 distinct published records with an explicit reference to this source.

  1. Magnet Project 2

    prj-us-usar-magnet-project-2

    • Field evidence: materials
    • Field evidence: name
    • Field evidence: sponsors
    • Field evidence: stages
  2. Metal Project 2

    prj-us-usar-metal-project-2

    • Field evidence: materials
    • Field evidence: name
    • Field evidence: sponsors
    • Field evidence: stages
  3. Round Top Mine Project

    prj-us-usar-round-top

    • Field evidence: location
    • Field evidence: name
    • Field evidence: sponsors
  4. Stillwater Magnet Project

    prj-us-usar-stillwater-magnet

    • Field evidence: location
    • Field evidence: name
    • Field evidence: sponsors
  5. Stillwater Metal Project

    prj-us-usar-stillwater-metal

    • Field evidence: location
    • Field evidence: name
    • Field evidence: sponsors

Organizations

1 distinct published record with an explicit reference to this source.

  1. USA Rare Earth, Inc.

    org-usa-rare-earth

    • Field evidence: country
    • Field evidence: kind
    • Field evidence: name

Programmes

1 distinct published record with an explicit reference to this source.

  1. CHIPS Incentives Program

    prg-us-chips-incentives

    • Field evidence: administrators
    • Field evidence: kind
    • Field evidence: legal_authority
    • Field evidence: name

Only direct references in published events, field evidence, source-linked status histories, quotations, legal relationships, profiles and reviewed project milestones are shown. These links do not assign causality. See the source hierarchy and verification methodology.