economy

January 25, 2026

Trump administration to take 10% stake in USA Rare Earth in $1.6 billion deal, sources say

The miner has brought in Cantor Fitzgerald, chaired by Brandon Lutnick, son of Secretary of Commerce Howard Lutnick, to help with fundraising.

Trump administration to take 10% stake in USA Rare Earth in $1.6 billion deal, sources say

TL;DR

  • A mining company is seeking assistance with fundraising.
  • Cantor Fitzgerald has been appointed to help with this effort.
  • Brandon Lutnick, son of Secretary of Commerce Howard Lutnick, chairs Cantor Fitzgerald.

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