USA Rare Earth, Inc. has completed its acquisition of Less Common Metals Ltd. $(LCM)$, a leading manufacturer of rare earth metals and alloys outside of China. The deal secures a critical link in USA Rare Earth's end-to-end supply chain, providing access to high-quality neodymium praseodymium alloys and strip cast essential for magnet production. LCM, with over three decades of expertise, will continue to serve its global customer base and supply materials to USA Rare Earth's Stillwater, Oklahoma magnet facility. The move is expected to strengthen USA Rare Earth's capabilities in rare earth metal making and support growth across key sectors such as defense, semiconductors, and aerospace.