Global Trade Alert
Global Trade Alert

United States of America: Letter of Intent providing USD 277 million in direct funding and USD 1.3 billion loan to USA Rare Earth

Announcement

26 Jan 2026

In January 2026, the United States Department of Commerce’s CHIPS Program Office announced a letter of intent to provide funding and a loan to USA Rare Earth.

Source

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Last action: 26 Jan 2026
Financial grant

On 26 January 2026, the United States Department of Commerce’s CHIPS Program Office announced a non-binding letter of intent to provide up to USD 277 million in direct funding or grants to USA Rare...

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Last action: 26 Jan 2026
State loan

On 26 January 2026, the United States Department of Commerce’s CHIPS Program Office announced a non-binding letter of intent to provide up to USD 1.3 billion in a senior secured loan to USA Rare Ea...

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