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USA Rare Earth and Enduro Sign Memorandum of Understanding for Delivery of U.S.-Made Neo Magnets for Pipeline Cleaning “Smart Pigs”

Provided By GlobeNewswire

Last update: Aug 12, 2025

STILLWATER, Okla., Aug. 12, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. (Nasdaq: USAR) (USAR or the Company) today announced it has signed a memorandum of understanding (MOU) with Enduro Pipeline Services (Enduro), a leading provider of pipeline cleaning and inline inspection (ILI) tools, for delivery of the Company’s neo magnets, of which USAR plans to begin production in early 2026.

Read more at globenewswire.com

USA RARE EARTH INC

NASDAQ:USAR (10/1/2025, 11:55:03 AM)

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