USA Rare Earth shares jump 19.50% intraday after selecting Fluor and WSP as EPCM partners for Round Top project.

USA Rare Earth surged 19.50% intraday following the announcement that it selected Fluor Corp. and WSP Global Inc. as EPCM partners to advance the Definitive Feasibility Study for its Round Top Rare Earth Project in Texas. The partnerships, described as pivotal for accelerating commercial production of heavy rare earth oxides (targeted for late 2028), were highlighted as a strategic move to leverage the firms’ expertise in large-scale mining and infrastructure projects. The company’s Accelerated Mine Plan, including solvent extraction pilot work and confirmatory drilling, further signaled progress toward operational milestones. The stock’s sharp rise reflected investor optimism about the project’s potential to strengthen domestic rare earth supply chains and position USA Rare Earth as a key player in critical materials for defense and renewable energy sectors.