Inflection Point Acquisition Corp. II (IPXX)

NasdaqGM - NasdaqGM Delayed price. Currency in USD

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10.72

+0.01

(+0.08%)

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GlobeNewswire
USA Rare Earth, a Domestic Rare Earth Mining & Magnet Company, to Become a Publicly Traded Company via Business Combination with Inflection Point Acquisition Corp. II
USA Rare Earth, LLC (“USARE” or the “Company”) is building a vertically integrated US rare earth magnet supply chain, positioning itself as an early mover and a significant ex-China producer of the future.The Company is targeting a large and growing total addressable market (TAM) estimated to be $41.1 billion by 2035, driven by growing demand for rare earth magnets across core commercial and defense industries.USARE controls mining rights to a world-class heavy rare earth deposit in West Texas;