BUZZ-USA Rare Earth rises after report firm in talks with White House

Reuters

10/03

BUZZ-<a href="https://laohu8.com/S/USAR">USA Rare Earth</a> rises after report firm in talks with White House

** Shares of rare-earth magnet company USA Rare Earth USAR.O rise 10% to $24.98 premarket after CEO confirms to media about talks with White House

** USAR CEO Barbara Humpton said the miner "in close communication" with White House - CNBC reported late on Thursday

** Report after U.S. government confirmed stake in Lithium Americas earlier this week LAC.TO, public-private partnership with rare-earths producer MP Materials MP.N in July

** USAR did not immediately respond to a Reuters' request for comment

** Up to last close, USAR up nearly 98% YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))

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