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Creating Helpful Incentives to Produce Semiconductors (CHIPS) mine-to-magnet Definitive Funding Agreement (DFA)
USA Rare Earth | Department of Commerce (CHIPS) | 2026-06-03 | FINAL
up to $277M + up to $1.3B loanFINAL
CHIPS program finalizes a definitive agreement for a mine-to-magnet supply chain: up to $277M plus up to $1.3B loan.
Ticker: USAR ·
If you bought USAR at the 2026-06-03 close after this deal was announced, the return to 2026-09-01 would have been -38.3%. Historical close-to-close -- not a buy signal.
FAQ
What is a CHIPS DFA?
A Definitive Funding Agreement under CHIPS is finalized funding language -- not a Letter of Intent.
Is up to $277M cash today?
Amounts are as cited. Up to means a ceiling, not necessarily cash already transferred.
What does -38.3% mean?
Close-to-close from 2026-06-03 to 2026-09-01. Not a forecast. Not a buy signal.
Close-to-close only. Not a forecast. Not investment advice.