USA Rare Earth Inc. (NASDAQ:USAR) saw a 9.66% increase in share prices on Wednesday, closing at $18.28 per share as investors anticipate the start of its magnet facility’s commercial operations. The US’ recent invasion of Venezuela and potential access to rare earth mineral resources are contributing to the company’s growth.

The US’ invasion of Venezuela, including the arrest of former president Nicolas Maduro and the seizure of sanctioned oil, has sparked investor interest in potential access to the country’s untapped rare earth deposits. Venezuela’s Orinoco Mining Arc holds significant amounts of rare earth minerals, including neodymium crucial for manufacturing high-performance magnets.

USA Rare Earth Inc. (NASDAQ:USAR) is developing a magnet facility in Oklahoma that could benefit from the rare earth deposits in Venezuela. While USAR shows promise as an investment, some AI stocks may offer greater returns with limited downside risk. Investors seeking a cheap AI stock with potential benefits from Trump tariffs and onshoring can explore further in a free report.

Investors are closely watching USA Rare Earth Inc. (NASDAQ:USAR) as its share prices rise amid developments in the company’s magnet facility operations and the US’ invasion of Venezuela. The potential access to Venezuela’s rare earth deposits could further boost USAR’s growth in the future.

Read more at Yahoo Finance: USA Rare Earth (USAR) Jumps 9.7% Ahead of Magnet Facility Operations