Humpton discussed a question about the potential interest of the company to conclude a deal with the Trump administration, in an interview with CNBC late on Thursday.
USA Rare Earth did not immediately respond to a Reuters request for comments.
Humpton’s comments follow the Trump government that a 5% interest in Lithium Americas and a separate interest of 5% in the Thakker Pass Joint Venture of the company with General Motors earlier this week.
US President Donald Trump had invoked the emergency powers in March to stimulate the domestic production of critical minerals as part of a broad effort to compensate for the almost total control of China over the sector.
China had stopped the export of rare earths, a group of 17 metals that were used to make magnets that set power, in March as part of a trading splash with Trump. Although this showed some signs of relaxation in June, wider tensions underlined the need for a larger American output. MP materials had also unveiled a deal with billions of dollars in July to stimulate the output of rare earth magnets, making the Ministry of Defense the largest shareholder. USA Rare Earth has developed a mine in Sierra Blanca, Texas and a Neo Magnet production facility in Stillwater, Oklahoma, which is expected to become commercial in the first half of 2026.
The company is one of the most important emerging American Neo -Magnet manufacturers and every reshoring strategy should include this, said Subash Chandra, analyst at the benchmark company.
“We do not know what form a potential US government investment can take, but there is still a missing piece for the mines to the magnetic strategy,” said Chandra.
The shares have so far more than doubled this year, giving the company a market capitalization of $ 2.59 billion.
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