Round Top Rare Earth Elements Mining Project

exploration and development stage

The Round Top Project is a 950-acre rare earth elements mining initiative located in Hudspeth County, Texas. The project involves developing a metallurgical process to extract metals from rhyolite, conducting engineering and design work, and completing a bankable feasibility study. The company holds an 18.715% membership interest in the project, with USA Rare Earth, LLC as the operating manager. The project aims to meet the increasing global demand for rare earth elements critical for technologies such as cell phones, clean energy, and defense.