# USA Rare Earth to acquire Texas Mineral Resources for $73M

USA Rare Earth, Inc. agreed to acquire Texas Mineral Resources Corp. in an all-stock transaction valued at approximately $73 million. The deal transfers TMRC's 18.6% interest in the Round Top rare earth project to USAR.

- Type: Acquisition
- Announced: 2026-03-05
- Where: Texas, United States
- Value: $73.0M
- Status: announced
- Products: rare earth minerals
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [USA Rare Earth, Inc.](https://endata.com/companies/32117.md) (acquirer)
- [Texas Mineral Resources](https://endata.com/companies/90733.md) (target)

## Sources

- [stocktitan.net](https://www.stocktitan.net/sec-filings/TMRC/8-k-texas-mineral-resources-corp-reports-material-event-12c6bc334d64.html), 2026-03-05: "This implies a total deal value of approximately $73 million, based on USAR's March 4, 2026 closing share price."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.