
President Trump’s bold push delivers full American control over the richest rare earth deposit in North America, slashing U.S. dependence on China’s stranglehold and securing defense tech for generations.
Story Highlights
- USA Rare Earth acquires full ownership of Texas’ Round Top project, North America’s top heavy rare-earth source, via a $73 million deal closing in Q3 2026.
- The Trump administration fuels the project with $1.6 billion in federal funding, targeting the first production in late 2028 and a massive 40,000 metric tons/day scale by 2030.
- Project breaks China’s 90% global processing dominance, vital for U.S. defense magnets, semiconductors, EVs, and jobs in rural Texas.
- Texas schools stand to gain billions in royalties; Commissioner Dawn Buckingham hails it as a crushing blow to Beijing’s monopoly.
- Vertical integration from mine-to-magnet builds true U.S. independence, echoing Trump’s emergency powers for critical minerals.
Trump Fuels Strategic Victory Over China
USA Rare Earth announced a $73 million all-stock acquisition of Texas Mineral Resources Corp., securing 100% control of the Round Top deposit in Hudspeth County, Texas.
This 9,345-acre site, 85 miles southeast of El Paso, holds 15 of 17 heavy rare earth elements plus gallium, beryllium, lithium, and zirconium.
President Trump’s 2025 emergency powers accelerated the timeline, prioritizing critical minerals for national security. The deal resolves prior joint-venture tensions, enabling full operational leverage.
Federal Funding Powers Accelerated Mining Plan
In January 2026, the U.S. Department of Commerce provided $1.6 billion in grants and loans to develop Round Top’s mine-to-magnet supply chain.
This funding supports the Accelerated Mining Plan, which expands leases and targets initial production by late 2028. USA Rare Earth’s CEO Barbara Humpton called it a “vital pillar for a non-China platform.”
Supporting facilities include a Colorado pilot plant and Oklahoma magnet production, ensuring vertical integration unmatched by rivals like California’s Mountain Pass.
Texas rare-earth project aims to curb US reliance on China, strengthen national security https://t.co/NU5xB3nUNS
— FOX Business (@FoxBusiness) March 16, 2026
Texas Gains Revenue, America Gains Strength
The Texas General Land Office oversees the 19-year renewable state lease, directing royalties to public schools—potentially billions over decades.
Commissioner Dawn Buckingham stated on FOX Business that the project delivers “billions for schools while breaking China’s stronghold.” Hudspeth County expects jobs and infrastructure growth, boosting rural economies.
Defense sectors gain reliable access to heavy rare-earth materials for missiles, jets, and semiconductors, countering China’s 90% processing control amid past supply disruptions.
Short-term, the acquisition speeds permitting and feasibility studies, though stock volatility hit USA Rare Earth and TMRC.
Long-term, 40,000 metric tons of daily output by 2030 disrupts Beijing’s monopoly, aids EVs and renewable tech without globalist vulnerabilities, and aligns with Trump’s America First policies that restore economic sovereignty.
Expert Consensus Backs National Security Win
Prism MarketView deems the consolidation a “significant step for integrated strategy, key for EVs and defense.” The National Association of Manufacturers highlights Round Top as America’s largest heavy rare earth source, tied to Trump-era initiatives.
No major dissent emerges; minor notes include regulatory risks and speculative production scales. This project exemplifies limited government partnering with private enterprise to protect conservative values of self-reliance and strong defense against foreign threats.
Sources:
USA Rare Earth Gains Texas Round Top Ownership
USAR Stock Swings After Strategic Texas Rare Earth Deal
USA Rare Earth to Acquire Texas Mineral Resources, Consolidating Control of Round Top Project
Texas rare-earth project aims to curb US reliance on China, strengthen national security
USA Rare Earth to acquire Texas Minerals, consolidating Round Top control





























