Character 3: USAR — USA Rare Earth

Strategic Materials

Where we are in the performance

By now, you likely understand the premise of this recent posts.

These are real companies. Publicly traded. Held intentionally.

But in this series, they are also characters—because each one carries a role in how the modern world is being built.

If the first characters helped us see and remember, this next one concerns something more elemental.

What everything else depends on.

Who USA Rare Earth is (plain language)

USA Rare Earth is a company focused on rare earth elements and magnets—materials that sit quietly inside almost every advanced technology we rely on.

Electric vehicles. Drones. Defense systems. Robotics. Wind turbines. Advanced computing.

Most people never see rare earths. But without them, modern technology simply stops working.

USA Rare Earth’s mission is straightforward but difficult: to help build a domestic, non-Chinese supply chain for these critical materials and the magnets made from them.

The role USAR plays

If this portfolio were a stage, USAR would be the Quartermaster.

Not the hero. Not the visionary. The one who ensures the play can happen at all.

This character doesn’t chase attention. They secure inputs. They reduce dependency. They make sure the machines, systems, and watchers introduced earlier actually function.

In every complex system, someone must manage scarcity. USAR exists where scarcity meets geopolitics.

USA Rare Earth

What I’m learning by watching this company

Rare earths aren’t rare because they don’t exist. They’re rare because they’re hard to extract, hard to process, and politically sensitive.

For decades, the world optimized for efficiency and low cost, outsourcing this entire supply chain to a single dominant geography. That worked—until resilience became more important than price.

USAR sits directly inside that shift.

By tracking this company, I’m learning:

• How strategic materials become national priorities

• How supply chains are rebuilt under political pressure

• Why “boring” infrastructure often becomes the most valuable layer

This is not a fast story. It’s a structural one.

Why USAR belongs in my portfolio

USAR sits in my technology and strategic materials sleeve because I want exposure to the foundations beneath innovation, not just the innovation itself.

Every autonomous system, every advanced sensor, every electrified platform eventually traces back to materials.

This company represents:

• Optionality on reshoring

• Optionality on defense and energy policy

• Optionality on technological independence

Those aren’t quarterly themes. They’re decade-long forces.

The risk

This character carries heavy constraints.

Mining and processing are capital-intensive. Timelines are long. Policy support can shift. Execution is unforgiving.

There is real risk that progress is slower than markets want—or that substitutes emerge.

This is not momentum. It is patience and positioning.

How this character fits the cast

Every great performance needs a foundation.

Where others operate at the edge of action, USAR works below the surface.

No magnets, no motors. No motors, no movement. No movement, no modern world.

This character doesn’t speak often. But when they leave the stage, everything else goes quiet.

How the story continues

As this series evolves, I’ll track:

• Policy signals and government involvement

• Progress toward domestic processing and manufacturing

• Whether resilience truly gets rewarded over efficiency

This isn’t about headlines. It’s about whether the world actually commits to what it claims to value.

Thus enters the player.

Disclaimer

This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Nothing here should be considered a recommendation to buy or sell any security.

The companies discussed may be held personally, and opinions expressed reflect an evolving research and learning process that may change over time. Investing involves risk, including the potential loss of capital. Always do your own research or consult a qualified professional before making investment decisions.