The 12 closest competitors and alternatives to USA Rare Earth, Inc. among industrial materials companies — ranked by similarity to what USA Rare Earth, Inc. actually does, not by market-cap band.
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USA Rare Earth Inc. specializes in the production of magnets. The company is actively developing an integrated facility that will manage the entire lifecycle of NdFeB magnet creation, from mineral sourcing and extraction to processing and final manufacturing. Within the United States, USA Rare Earth supplies its magnet products to a diverse range of sectors, including defense, automotive, aerospace, general industrial applications, healthcare, and consumer electronics.
USA Rare Earth, Inc. is an industrial materials company headquartered in Stillwater, United States, founded in 2019. It is publicly listed (USAR) with a market capitalisation of $2.6B. Xcout tracks 38 named people at USA Rare Earth, Inc., including Barbara W. Humpton (Chief Executive Officer & Director).
32 more named people on record for USA Rare Earth, Inc., with roles, board committees and tenure — see the full roster →
Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| — | Undisclosed | 9 named |
Some filings are not shown as funding rounds.
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
4 corporate events on record, with sources — see the full timeline →
Ranked by semantic similarity — how close each company is to USA Rare Earth, Inc. by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Manufacturing
REalloys Inc. plays a crucial role in fortifying the domestic supply chain for rare earth elements and their associated magnetic products. Its comprehensive operations span the entire value chain, from reclaiming materials through recycling and extracting them via mining, to oxide generation, subsequent metallization, alloy creation, and final magnet fabrication. This enterprise commenced operations on October 4, 2011, and operates from its corporate base in Boca Raton, Florida.
Materials Manufacturing
Headquartered in Ningbo, People's Republic of China, NBTM New Materials Group Co., Ltd. is a prominent producer and supplier of specialized materials. The company's core offerings include advanced powder metal structural parts and diverse magnetic material components, which it manufactures and distributes within the Chinese market. These powder metal components are crucial for various applications, serving critical roles in the automotive sector (such as engines, transmission systems, and chassis), household appliances (like air conditioning and refrigerator compressors), and motorcycles (including engines and clutches, among others). Additionally, NBTM offers a range of soft magnetic materials, such as alloy powder, iron powder cores, and alloy powder cores. These are vital for emerging and established technologies, including pure electric vehicles, charging infrastructure, solar energy systems, uninterruptible power supplies (UPS), and consumer electronics ('white goods'). Its client base spans key sectors like automotive, home appliance manufacturing, motorcycle production, and general mechanical engineering. The company underwent a name change in March 2007, transitioning from its former identity as Ningbo Tongmuo New Materials Group Co., Ltd. to its current designation, NBTM New Materials Group Co., Ltd.
Manufacturing
Plansee Group is a leading manufacturer of high-performance components made from refractory metals, serving industries like electronics, medical technology, and automotive.
Industrial - Pollution & Treatment Controls
Birchtech Corp. operates as an environmental technology and services company, specializing in crafting and delivering innovative solutions for the energy sector, both within the United States and globally. A core offering includes its advanced mercury capture systems, powered by its proprietary Sorbent Enhancement Additive (SEA) technology. This SEA technology is engineered to provide comprehensive mercury abatement, underpinned by a thorough scientific understanding of the intricate interactions involved in removing mercury from coal-fired flue gases. Beyond this, Birchtech is also engaged in the extraction and processing of rare earth elements. Furthermore, the company offers specialized water purification solutions, primarily focused on eliminating PFAS/PFOS contaminants from drinking water supplies. Previously known as Midwest Energy Emissions Corp., the company officially adopted the Birchtech Corp. name in October 2024. Its corporate headquarters are situated in Corsicana, Texas.
Similar industrial materials company
NioCorp Developments Ltd. is a critical minerals development company advancing the Elk Creek Critical Minerals Project. The company maintains Canadian offices in Vancouver, British Columbia, alongside corporate operations in the United States.
Manufacturing
Solcoa produces rare earth metals, such as neodymium-praseodymium and samarium, used in electric motors, generators, and speakers. Utilizing proprietary chemistry and in-house reactors, the company manufactures these metals in America for industrial and defense applications.
Manufacturing
Earth-Panda Advanced Magnetic Material Co.,Ltd. is a Chinese enterprise specializing in the research, development, production, and distribution of rare-earth permanent magnetic materials. Their product portfolio includes various magnet types, such as sintered Neodymium Iron Boron (NdFeB), bonded NdFeB, rubber, and Samarium Cobalt (SmCo) magnets. These advanced materials are essential components across a broad spectrum of industries, including information technology, national defense, automotive, wind energy generation, diverse electric motors, instruments, medical devices, and magnetic machinery. Established in 2003 and headquartered in Hefei, China, the company also exports its products globally to approximately 20 countries and regions, including key markets in Europe, the United States, South Korea, and Japan.
Manufacturing
JL Mag Rare-Earth Co., Ltd. specializes in the research, development, manufacturing, and worldwide distribution of high-performance rare earth permanent magnetic materials. The company's primary offering consists of Neodymium Iron Boron (NdFeB) permanent magnets. These essential components are widely applied across various advanced industries, including new energy vehicles, automotive parts, energy-efficient variable-frequency air conditioning systems, wind power generation, consumer electronics (3C), robotics, industrial servo motors, sustainable elevator systems, and railway transportation. Established in 2008, JL Mag Rare-Earth Co., Ltd. is based in Ganzhou, China, and operates as a subsidiary of Jiangxi Ruide Venture Capital Co. Ltd.
Manufacturing
Baotou Tianhe Magnetics Technology Co., Ltd. is a manufacturer and supplier of high-performance rare earth permanent magnetic materials, including NdFeB (neodymium iron boron) and SmCo (samarium cobalt) magnets. The company serves clients in industries such as new energy vehicles, wind power, consumer electronics, industrial manufacturing, and robotics.
Manufacturing
Neo Performance Materials Inc. is a global company that manufactures and sells a diverse range of specialized products, including rare earth elements, magnetic powders, various types of magnets, and functional materials based on rare metals. The company's operations are divided into three key segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench division focuses on producing magnetic powders essential for creating bonded and hot-deformed, fully dense neodymium-iron-boron magnets. These advanced powders are critical components in permanent magnets utilized across numerous applications, such as automotive motors, micro motors, traction systems, and sensing devices. The Chemicals and Oxides segment is responsible for the production and distribution of a wide array of industrial materials. These materials find application in automotive catalysts, petroleum refining and other chemical catalysis, magnet manufacturing, hybrid and electric vehicles, water treatment processes, consumer electronics, and more. The Rare Metals segment manages the sourcing, production, reclamation, refining, and marketing of high-temperature metals, including tantalum, niobium, hafnium, and rhenium, as well as electronic metals like gallium and indium. The output from this segment is used in high-performance super alloys for jet engines, medical imaging technology, wireless communications, LED lighting, flat panel displays, solar energy, steel additives, batteries, and various electronic applications. Founded in 1994, Neo Performance Materials Inc. is based in Toronto, Canada.
Manufacturing
Niron Magnetics, Inc. is a manufacturing company headquartered in Minneapolis, Minnesota, United States. It develops and produces innovative, rare-earth-free Iron Nitride magnets.
Materials Manufacturing
Founded in Ningbo, China in 1994, Ningbo Yunsheng Co., Ltd. specializes in the development, manufacturing, and distribution of advanced rare earth permanent magnet materials within China. The company's diverse product range includes both sintered and bonded NdFeB magnets, along with precision servo motors. Additionally, it produces various integrated magnetic components, such as rare earth permanent magnet radiation rings, flat rotor assemblies, laminated steel assemblies, permanent magnet rotor assemblies, and high-speed precision rotor assemblies. These essential products are utilized across numerous sectors, including electronic information systems, industrial equipment, automotive manufacturing, and medical technology. Beyond its domestic operations, Ningbo Yunsheng also has a significant international presence, exporting its goods to markets in Europe, the United States, and Southeast Asian nations.
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