USA Rare Earth Inc. (NASDAQ: USAR) announced the completion of its first commercial production of yttrium metal through its subsidiary Less Common Metals Ltd. at its facility in Cheshire, United Kingdom. The company produced 2N–2N5 grade yttrium metal with 99% to 99.5% purity.

The production milestone positions USA Rare Earth among a limited number of commercial-grade yttrium metal producers operating outside of China. Yttrium is used in thermal barrier coatings for turbine blades and other high-temperature aerospace components, as well as in electronics, energy systems, lasers, superconductors and advanced ceramics.

"Producing commercial-grade yttrium metal at LCM marks a significant step in strengthening our position as a global leader in rare earth materials and technology," said Barbara Humpton, Chief Executive Officer of USA Rare Earth. "Combined with our planned yttrium extraction at Round Top and our oxide processing capabilities, this positions USA Rare Earth to serve the aerospace, defense, and advanced manufacturing customers who can no longer rely solely on Chinese supply."

The company stated its yttrium production capability uses controlled refining and purification processes designed to deliver consistent, high-purity material for industrial applications. The production follows the company's recent commissioning of its first commercial magnet production line at its facility in Stillwater, Oklahoma.

USA Rare Earth operates across the rare earth value chain from mining and processing to metal-making, alloy production and magnet manufacturing. The company owns the Round Top rare earth deposit and operates processing facilities in the United States and United Kingdom.

The information is based on a company press release statement.