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Texas Mineral Resources Joint Venture Partner USA Rare Earth Signs Letter of Intent With U.S. Government for $1.6 Billion in Funding to Accelerate the Domestic Heavy Rare Earth Value Chain

  • TMRC owns approximately 19% of the Round Top Heavy-Rare Earth Project 

Texas Mineral Resources Corp. (“TMRC” or the “Company”) is pleased to announce that USA Rare Earth, the operating partner of the Round Top heavy-rare earth project, issued a press release earlier announcing a letter of intent with the U.S. government for access to $1.6 billion in funding to accelerate the domestic heavy rare earth supply chain. 

A link to the press release may be found here:  Article

About Texas Mineral Resources Corp.

Our primary focus is to develop and commercialize, along with our joint venture operating partner USARE, the Round Top heavy-rare earth, technology metals, and industrial minerals project located in Hudspeth County, Texas, eighty-five miles southeast of El Paso, in which TMRC currently owns an approximate 19% interest. Additionally, the Company is pursuing other potential domestic mining opportunities, primarily gold and silver. The Company’s common stock trades on the OTCQB U.S. tier under the symbol “TMRC.”

Company Contact:

Texas Mineral Resources Corp.
Anthony Marchese, Chairman
E-mail: amarchese@tmrcorp.com
Twitter: @TexasMineralRes

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