** Shares of rare earth mineral company USA Rare Earth USAR.O up 6.2% at $14.06 premarket
** Company signs a memorandum of understanding with Moog Electric Motion Solutions for delivery of USAR's neo magnets; USAR plans to begin their production in early 2026
** Moog will begin prototyping USAR's neo magnets for use in its high-performance coolant distribution pumps used in data centers around the world
** As part of the agreement, USAR will design and test permanent Neodymium magnets for use in Moog's CoreMotion technology, which is driving energy efficiency in data centers deployed globally
** "We continue our mission to bring the rare earth supply chain back to the broader technology market here in the U.S.," says USAR CEO Joshua Ballard
** As of last close, USAR shares up 15.3% YTD
(Reporting by Sumit Saha in Bengaluru)
((Sumit.Saha@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。