Rare Earth Money Floods In-but China Still Holds the Choke Points: REEx Weekly Signal: August 24-30, 2026

Highlights

• USA Rare Earth secured $1.55 billion in financing for Serra Verde with price floors of $2,050/kg for terbium and $575/kg for dysprosium
• Energy Fuels acquired Australian Strategic Materials, expanding into rare earth metals and alloys production in South Korea
• Lynas reported record FY2026 revenue of A$977.9 million, signaling Western supply chain momentum
• Western investment remains concentrated on Nd, Pr, Dy, and Tb while China dominates broader rare earth industrial ecosystems
• Key deadlines loom: China's November 10 export-control reprieve and tougher U.S. defense magnet sourcing rules on January 1, 2027