USA Rare Earth (USAR) announced that its subsidiary, Less Common Metals, signed a supply agreement with Solvay and Arnold Magnetic Technologies Corporation, a subsidiary of Compass Diversified (CODI). Leveraging LCM's metal and alloy making expertise, the agreement will ensure a reliable, ex-China source of high-quality rare-earth materials for Arnold's production of advanced permanent magnets. "This collaboration exemplifies the type of industrial partnerships that are rebuilding strength and resilience across the rare-earth ecosystem outside of China," said Barbara Humpton, Chief Executive Officer of USA Rare Earth. "LCM's role demonstrates the strategic importance of secure, reliable sourcing, and how collaboration between trusted partners can guarantee sustainable access to critical rare-earth materials for global magnet manufacturers."
Compass Diversified Holdings is engaged in owning and managing a diverse set of defensible, middle-market businesses across the branded consumer, industrial, healthcare, and critical outsourced services sectors. It categorizes its businesses into two separate groups: branded consumer businesses and industrial businesses. Its segments include 5.11 Acquisition Corp. (5.11), Boa Holdings Inc. (BOA), Lugano Holdings, Inc. (Lugano), Relentless Topco, Inc. (PrimaLoft), THP Topco, Inc., CBCP Products, LLC, AMTAC Holdings, LLC (Arnold), FFI Compass, Inc. (Altor Solutions or Altor) and SternoCandleLamp Holdings, Inc. (Sterno). 5.11 is a provider of purpose-built technical apparel and gear for law enforcement, firefighters, EMS, and military special operations as well as outdoor and adventure enthusiasts. BOA is a creator of the patented BOA Fit System, which consists of three integral parts: a micro-adjustable dial, high-tensile lightweight laces, and low friction lace guides.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
