Financial PerformanceThe revenue potential from 5,000 tons of capacity is estimated at $750 million, highlighting significant growth opportunities.
Leadership ChangeTo replace Mr. Ballard, the USAR board has hired Barbara Humpton, who was most recently President and CEO of Siemens USA and serves on the Board of Directors of the Federal Reserve Bank of Richmond.
Strategic AcquisitionThe USAR team revealed the carefully considered, highly strategic, and potentially transformative acquisition of Less Common Metals (LCM).