Usa rare earth appoints joshua ballard as chief executive officer

New york, dec. 17, 2024 (globe newswire) -- usa rare earth, llc (“usare” or the “company”), announced today that joshua ballard has been named chief executive officer effective december 17, 2024. usare's mission is to establish a vertically integrated, domestic rare earth magnet supply chain that includes heavy rare earth elements and other critical minerals, such as gallium. usare is developing a ndfeb magnet manufacturing plant in the united states, and establishing domestic rare earth elements and critical minerals supply, extraction, and processing capabilities to both supply its magnet manufacturing plant and market surplus materials to third-parties.
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