RareX in critical minerals supply chain collaboration with US Strategic Metals

• REE and USSM in MOU for critical minerals processing and supply chain security
• Cummins Range rare earths project in WA will provide reliable feed source
• Partnership aligns with Trump Administration’s supply chain executive order

Special Report: RareX has entered a non-binding MOU with US Strategic Metals in a move set to streamline critical minerals processing and supply chain development between Australia and the US.

USSM is focused on becoming the first major near-term domestic producer of critical minerals in the United States with its fully permitted site in Missouri for multi-metallic processing and tailings management.

RareX (ASX:REE) brings to the partnership Australia’s largest undeveloped rare earth deposit, the Cummins Range project in Western Australia, at which metallurgical testing is being completed, including in North America, and a Mining Licence is expected in early 2026.

Cummins Range is a multi-critical-mineral deposit containing rare earths, gallium, scandium and phosphate with access to the Port of Wyndham.

RareX is also in consortium with Iluka Resources (ASX:ILU) for the Mrima Hill rare earth and niobium project in Kenya, which has the potential to be a multi-generational supply of rare earths.

The partnership aligns with the Trump Administration’s Executive Order 14241, ‘Immediate Measures to Increase American Mineral Production’ which has the goal of achieving critical mineral and energy dominance by onshoring critical mineral production in the United States.

The MOU strengthens ties with the Quadrilateral Security Dialogue (QUAD) and bolsters the US-Australia framework for securing of supply in the mining and processing of critical minerals and rare earths.

Aligns with executive order for US domestic production

Looking forward, the parties will establish a working group to progress feasibility and technical assessments at the USSM site in Missouri and evaluate downstream integration opportunities.

“This partnership represents a natural alignment between Australia’s upstream mineral capability and the United States’ growing downstream industrial base,” RareX MD and CEO James Durrant said

“RareX’s focus is on developing reliable, multi-mineral feed sources such as Cummins Range, and potentially Mrima Hill, to serve transparent, allied supply chains.

“By working with U.S. Strategic Metals, we are taking a practical step toward integrating Australian-led resource development with U.S. processing capacity — helping to build the secure, Western aligned supply chains that our industries and governments are calling for.”

USSM founder and CEO Stacy Hastie said they were excited to collaborate to strengthen the allied critical minerals network.

“U.S. Strategic Metals’ processing and refining capabilities in Missouri are designed to serve America’s domestic needs while supporting partners who share our commitment to ethical, secure, and sustainable sourcing,” he said.

“Together with RareX, we intend to advance the technologies and funding partnerships that will underpin the next generation of Western critical mineral supply chains.”

This article was developed in collaboration with RareX, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.