{
 "source": "Rare Earth Directory",
 "url": "https://rareearthdirectory.com",
 "verified": "2026-10-01",
 "license": "Free to use with attribution to the Rare Earth Directory",
 "rows": [
  {
   "id": "usar-commerce",
   "level": "federal",
   "company": "USA Rare Earth",
   "agency": "Department of Commerce (CHIPS)",
   "agency_group": "Department of Commerce",
   "instrument": "Up to $277M funding plus up to $1.3B senior secured loan",
   "type": "Funding plus loan",
   "amount_usd_millions": 1577,
   "amount_label": "Up to $1.6B",
   "date": "Jun 3, 2026",
   "status": "Conditional commitment",
   "terms": "Disbursements are tied to project milestones",
   "detail": "Definitive agreements, signed after a Jan 26, 2026 letter of intent. Includes $50M for the Stillwater magnet plant and $20M for the Stillwater metal plant.",
   "source": "https://www.sec.gov/Archives/edgar/data/0001970622/000121390026064453/ea029340201ex99-1.htm",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "niocorp-exim",
   "level": "federal",
   "company": "NioCorp",
   "agency": "EXIM",
   "agency_group": "EXIM",
   "instrument": "Loan application",
   "type": "Loan",
   "amount_usd_millions": 790,
   "amount_label": "$780M to $800M",
   "date": "2025 to 2026",
   "status": "Under review",
   "terms": "No final commitment",
   "detail": "In independent technical review; the company targets construction start in Dec 2026.",
   "source": "https://www.sec.gov/Archives/edgar/data/0001512228/000119312526402806/nb-20260630.htm",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "aclara-exim",
   "level": "federal",
   "company": "Aclara Resources",
   "agency": "EXIM",
   "agency_group": "EXIM",
   "instrument": "Letter of interest (Make More in America), tenor up to 15 years",
   "type": "Loan",
   "amount_usd_millions": 750,
   "amount_label": "Up to $750M",
   "date": "Sept 4, 2026",
   "status": "Non-binding letter",
   "terms": "Subject to due diligence, underwriting and authorization",
   "detail": "A preliminary indication for Project Dynamo (separation, metals and alloys) at the Port of Vinton, Louisiana.",
   "source": "https://www.newswire.ca/news-releases/aclara-receives-exim-bank-letter-of-interest-for-up-to-us-750-million-810848342.html",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "ef-osc",
   "level": "federal",
   "company": "Energy Fuels",
   "agency": "Office of Strategic Capital (Department of War)",
   "agency_group": "Department of War",
   "instrument": "20-year loan commitment",
   "type": "Loan",
   "amount_usd_millions": 725,
   "amount_label": "$725M",
   "date": "Jun 2026",
   "status": "Conditional commitment",
   "terms": "",
   "detail": "For a domestic separation and metallization facility.",
   "source": "https://www.war.gov/News/Releases/Release/Article/4520819/the-department-of-wars-office-of-strategic-capital-signs-725-million-conditiona/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "vulcan-osc",
   "level": "federal",
   "company": "Vulcan Elements",
   "agency": "Office of Strategic Capital (Department of War)",
   "agency_group": "Department of War",
   "instrument": "Conditional loan commitment (joint $700M package with ReElement)",
   "type": "Loan",
   "amount_usd_millions": 620,
   "amount_label": "$620M",
   "date": "Nov 2025",
   "status": "Conditional commitment",
   "terms": "Conditional; closing not confirmed in the sources checked",
   "detail": "Plus $550M of private capital for a plant of about $1B in Benson, North Carolina. Closing is not confirmed in the sources checked.",
   "source": "https://www.war.gov/News/Releases/Release/Article/4339788/office-of-strategic-capital-agrees-to-joint-700m-conditional-loan-commitment-wi/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "phoenix-osc",
   "level": "federal",
   "company": "Phoenix Tailings",
   "agency": "Office of Strategic Capital (Department of War)",
   "agency_group": "Department of War",
   "instrument": "Long-term loan commitment",
   "type": "Loan",
   "amount_usd_millions": 500,
   "amount_label": "$500M",
   "date": "Jun 16, 2026",
   "status": "Conditional commitment",
   "terms": "Subject to due diligence and milestones before financial close",
   "detail": "Part of a roughly $1B initiative for the Freedom Facility and expansion.",
   "source": "https://www.war.gov/News/Releases/Release/Article/4517853/office-of-strategic-capital-signs-500-million-conditional-loan-commitment-with/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "mp-dod",
   "level": "federal",
   "company": "MP Materials",
   "agency": "Department of Defense (Department of War)",
   "agency_group": "Department of War",
   "instrument": "Convertible preferred stock",
   "type": "Equity",
   "amount_usd_millions": 400,
   "amount_label": "$400M",
   "date": "Jul 2025",
   "status": "Closed or awarded",
   "terms": "$110/kg NdPr price floor; 10-year offtake of 10X magnets",
   "detail": "Convertible into 13.3M MP shares at $30.03. With a 10-year warrant for 11.2M more shares it equals about 15% of the shares outstanding in Jul 2025, fully converted and exercised.",
   "source": "https://www.mining.com/mp-materials-lands-multi-billion-pentagon-deal/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "mp-dod-loan",
   "level": "federal",
   "company": "MP Materials",
   "agency": "Department of Defense (Department of War)",
   "agency_group": "Department of War",
   "instrument": "Loan to extend heavy rare earth refining to samarium oxide separation",
   "type": "Loan",
   "amount_usd_millions": 150,
   "amount_label": "$150M",
   "date": "Aug 2025",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "Part of the Jul 2025 agreement: a $150M unsecured promissory note from MP Materials to the department, 12 years at 5.38% (10-year Treasury plus 1.00%), for Mountain Pass.",
   "source": "https://bosd1.sbcounty.gov/2025/08/14/dod-issues-150-million-loan-to-mp-materials-for-rare-earth-processing-upgrades/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "evac-48c",
   "level": "federal",
   "company": "eVAC Magnetics",
   "agency": "Section 48C (federal tax credit)",
   "agency_group": "Treasury (tax credit)",
   "instrument": "Advanced energy project tax credit",
   "type": "Tax credit",
   "amount_usd_millions": 111.9,
   "amount_label": "$111.9M",
   "date": "Date not stated",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "For the Sumter, South Carolina plant; reported as about $112M in Apr 2024.",
   "source": "https://vacuumschmelze.com/02_Pressreleases/2026/2026-07-16_Opening%20Ceremony%20Sumter.pdf",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "lynas-dow",
   "level": "federal",
   "company": "Lynas USA",
   "agency": "Department of War",
   "agency_group": "Department of War",
   "instrument": "Binding letter of intent, oxide purchases over four years",
   "type": "Purchase agreement",
   "amount_usd_millions": 96,
   "amount_label": "About $96M",
   "date": "Mar 2026",
   "status": "Announced",
   "terms": "Soft price floor of about $110/kg for NdPr oxide",
   "detail": "Purchases of Lynas oxide; the Seadrift, Texas plant itself remains uncertain.",
   "source": "https://www.engineeringnews.co.za/article/lynas-one-step-closer-to-supplying-ree-to-us-war-department-2026-03-16",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "evac-dod",
   "level": "federal",
   "company": "eVAC Magnetics",
   "agency": "Department of Defense",
   "agency_group": "Department of War",
   "instrument": "Award",
   "type": "Grant or award",
   "amount_usd_millions": 94.1,
   "amount_label": "$94.1M",
   "date": "Date not stated",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "For the Sumter, South Carolina NdFeB plant.",
   "source": "https://www.metal-powder.tech/evac-ships-first-rare-earth-magnets-from-south-carolina-facility/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "hypromag-exim",
   "level": "federal",
   "company": "HyProMag USA",
   "agency": "EXIM",
   "agency_group": "EXIM",
   "instrument": "Letter of interest",
   "type": "Loan",
   "amount_usd_millions": 92,
   "amount_label": "Up to $92M",
   "date": "2025 to 2026",
   "status": "Non-binding letter",
   "terms": "",
   "detail": "For a Texas recycling and magnet facility targeted for mid-2027 commissioning.",
   "source": "https://www.mining-technology.com/news/hypromag-92m-loi-exim-rare-earth-recycling-facility/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "reelement-osc",
   "level": "federal",
   "company": "ReElement Technologies",
   "agency": "Office of Strategic Capital (Department of War)",
   "agency_group": "Department of War",
   "instrument": "Conditional loan commitment, with warrants to the Department of War",
   "type": "Loan",
   "amount_usd_millions": 80,
   "amount_label": "$80M",
   "date": "Nov 2025",
   "status": "Conditional commitment",
   "terms": "Conditional; closing not confirmed in the sources checked",
   "detail": "Joint $700M package with Vulcan Elements, announced as part of a $1.4B partnership. Closing is not confirmed in the sources checked.",
   "source": "https://www.war.gov/News/Releases/Release/Article/4339788/office-of-strategic-capital-agrees-to-joint-700m-conditional-loan-commitment-wi/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "doe-pilots",
   "level": "federal",
   "company": "Five coal-waste pilots",
   "agency": "Department of Energy",
   "agency_group": "Department of Energy",
   "instrument": "Pilot selections for award negotiation",
   "type": "Grant or award",
   "amount_usd_millions": 75,
   "amount_label": "$75M",
   "date": "Jul 1, 2026",
   "status": "Announced",
   "terms": "Individual award amounts not disclosed",
   "detail": "UND Falkirk, Valor Metals, CONSOL Innovations, American Resources and Peabody were selected. DOE says selection is not a commitment to issue an award, and amounts may change.",
   "source": "https://www.energy.gov/node/4859238",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "vulcan-commerce",
   "level": "federal",
   "company": "Vulcan Elements",
   "agency": "Department of Commerce",
   "agency_group": "Department of Commerce",
   "instrument": "CHIPS incentive for equipment, with $50M of equity to Commerce",
   "type": "Equity",
   "amount_usd_millions": 50,
   "amount_label": "$50M",
   "date": "Nov 3, 2025",
   "status": "Non-binding letter",
   "terms": "Preliminary and non-binding; not yet a final award",
   "detail": "The CHIPS Program Office signed a non-binding preliminary letter of intent for $50M of proposed incentives toward equipment for NdFeB magnet production; Commerce would receive $50M of equity in Vulcan Elements. Announced with the Office of Strategic Capital commitment.",
   "source": "https://www.nist.gov/node/1898606",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "elementusa-dow",
   "level": "federal",
   "company": "ElementUSA",
   "agency": "Department of War",
   "agency_group": "Department of War",
   "instrument": "Defense Production Act Title III award for a gallium and scandium demonstration plant",
   "type": "Grant or award",
   "amount_usd_millions": 29.9,
   "amount_label": "$29.9M",
   "date": "Nov 20, 2025",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "To ElementUS Minerals, LLC for a demonstration facility at Gramercy, Louisiana that separates and purifies gallium and scandium from bauxite residue, with initial development work at a research hub in Cedar Park, Texas. It is separate from the DOE rare earth selection below.",
   "source": "https://www.war.gov/News/Releases/Release/Article/4338685/department-of-war-awards-299-million-to-create-a-us-domestic-supply-of-gallium/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "elementusa-doe",
   "level": "federal",
   "company": "ElementUSA",
   "agency": "Department of Energy",
   "agency_group": "Department of Energy",
   "instrument": "Selected for award negotiation with Colorado School of Mines (Rare Earth Demonstration Facility Program)",
   "type": "Grant or award",
   "amount_usd_millions": 67,
   "amount_label": "$67M",
   "date": "Jun 2, 2026",
   "status": "Announced",
   "terms": "Selection is not a commitment to fund; amounts may change in negotiation",
   "detail": "To design and build a demonstration facility near the Gramercy alumina refinery in Louisiana that recovers rare earths from bauxite residue. DOE calls this a selection for award negotiations, not an award, while the university and press reports call it an award. The $67M figure is the university's.",
   "source": "https://www.minesnewsroom.com/news/colorado-school-mines-and-elementusa-awarded-67m-doe-construction-rare-earth-processing-plant",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "ucore-dod",
   "level": "federal",
   "company": "Ucore Rare Metals",
   "agency": "Department of Defense",
   "agency_group": "Department of War",
   "instrument": "Other Transaction Agreement ($18.4M in May 2025 plus $4M earlier)",
   "type": "Grant or award",
   "amount_usd_millions": 22.4,
   "amount_label": "$22.4M",
   "date": "May 2025",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "Initial construction funding for the Louisiana Strategic Metals Complex.",
   "source": "https://www.metaltechnews.com/story/2025/06/04/tech-metals/dod-funds-ucores-final-rare-earths-push/2308.html",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "rer-doe",
   "level": "federal",
   "company": "Rare Element Resources",
   "agency": "Department of Energy",
   "agency_group": "Department of Energy",
   "instrument": "Funding for the Upton demonstration plant",
   "type": "Grant or award",
   "amount_usd_millions": 24.2,
   "amount_label": "$24.2M",
   "date": "Date not stated",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "DOE approved the budget to start on-site construction in Dec 2023.",
   "source": "https://www.sec.gov/Archives/edgar/data/1419806/000141980622000037/reemf-20221017xex99d1.htm",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "niocorp-dow",
   "level": "federal",
   "company": "NioCorp",
   "agency": "Department of War",
   "agency_group": "Department of War",
   "instrument": "Grant",
   "type": "Grant or award",
   "amount_usd_millions": 10,
   "amount_label": "$10M",
   "date": "2025",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "Separate from the EXIM loan application; about $8.1M received by Jun 30, 2026.",
   "source": "https://www.mining.com/?p=1112130",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "reecycle-dow",
   "level": "federal",
   "company": "REEcycle",
   "agency": "Department of War",
   "agency_group": "Department of War",
   "instrument": "Defense Production Act Title III award for magnet recycling",
   "type": "Grant or award",
   "amount_usd_millions": 5.1,
   "amount_label": "$5.1M",
   "date": "Jan 2025",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "To restart a demonstration facility and commission a commercial plant. About $4.3M remained to be disbursed monthly in Jun 2026, when REEcycle agreed a stock-market combination with a Nasdaq-listed acquisition company.",
   "source": "https://www.war.gov/News/Releases/Release/Article/4033048/department-of-defense-awards-51-million-to-recover-rare-earth-elements-from-rec/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "realloys-exim",
   "level": "federal",
   "company": "REalloys",
   "agency": "EXIM",
   "agency_group": "EXIM",
   "instrument": "Letter of interest (China and Transformational Exports Program)",
   "type": "Loan",
   "amount_usd_millions": 200,
   "amount_label": "Up to $200M",
   "date": "Oct 29, 2025",
   "status": "Non-binding letter",
   "terms": "The letter is stated to remain in effect through Oct 14, 2026",
   "detail": "A preliminary indication of financing for the REalloys mine-to-magnet project capital expansion, with a provisional repayment term of up to 15 years.",
   "source": "https://realloys.com/realloys-press-release/realloys-secures-200-million-letter-of-interest-from-u-s-exim-bank-to-advance-north-americas-first-fully-integrated-mine-to-magnet-supply-chain/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "reelement-dow",
   "level": "federal",
   "company": "ReElement Technologies",
   "agency": "Department of War (Industrial Base Fund)",
   "agency_group": "Department of War",
   "instrument": "Investment (form not stated)",
   "type": "Investment (form not stated)",
   "amount_usd_millions": 25,
   "amount_label": "$25M",
   "date": "Jul 15, 2026",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "For equipment, installation and working capital to expand refining at the Marion, Indiana facility. The agreement restricts transactions with foreign entities of concern.",
   "source": "https://www.war.gov/News/Releases/Release/Article/4541423/department-of-war-announces-25-million-investment-with-reelement-technologies-t/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "phoenix-doe",
   "level": "federal",
   "company": "Phoenix Tailings",
   "agency": "Department of Energy",
   "agency_group": "Department of Energy",
   "instrument": "Selected for award negotiation (Rare Earth Demonstration Facility Program)",
   "type": "Grant or award",
   "amount_usd_millions": 66,
   "amount_label": "About $66M",
   "date": "Jun 2, 2026",
   "status": "Announced",
   "terms": "Selection is not a commitment to fund; amounts may change in negotiation",
   "detail": "For a demonstration-scale facility that makes high-purity rare earth metals from industrial waste feedstocks, with MIT and the University of Minnesota. The company puts the project cost at $147.8M. DOE says selection is not a commitment to fund and amounts may change. The $66M figure is the company's.",
   "source": "https://macaubusiness.com/phoenix-tailings-awarded-66-million-department-of-energy-grant-to-accelerate-american-rare-earth-processing/",
   "project_location": "United States",
   "in_federal_total": true
  },
  {
   "id": "serra-verde-dow",
   "level": "federal",
   "company": "Serra Verde",
   "agency": "Department of War (Economic Defense Unit, IBAS program)",
   "agency_group": "Department of War",
   "instrument": "Investment in the special purpose vehicle (US SIIE, LLC) that buys Serra Verde output under a 15-year offtake with price floors",
   "type": "Investment (form not stated)",
   "amount_usd_millions": 750,
   "amount_label": "$750M",
   "date": "Aug 24, 2026",
   "status": "Announced",
   "terms": "Offtake with a take-or-pay arrangement and floor prices (company-reported)",
   "detail": "For the Pela Ema project in Brazil, which USA Rare Earth acquired on Sept 3, 2026. Part of a $1.55B structure with the $300M forward purchase contract and a $500M bank commitment letter, which is not federal and not counted here. USA Rare Earth says the vehicle was fully capitalized on Aug 24, 2026; the sources checked do not say how much has been paid in.",
   "source": "https://www.war.gov/News/Releases/Release/Article/4581110/department-of-war-announces-a-750-million-investment-as-part-of-a-155-billion-i/",
   "project_location": "Brazil",
   "in_federal_total": true
  },
  {
   "id": "serra-verde-dla",
   "level": "federal",
   "company": "Serra Verde",
   "agency": "Defense Logistics Agency (Department of War)",
   "agency_group": "Department of War",
   "instrument": "Forward purchase contract with the vehicle for at least $300M of rare earth products over five years",
   "type": "Purchase agreement",
   "amount_usd_millions": 300,
   "amount_label": "$300M",
   "date": "Aug 24, 2026",
   "status": "Announced",
   "terms": "Over five years; no delivery schedule or price terms published",
   "detail": "Announced by the Department of War as a Defense Logistics Agency purchase commitment, part of the same $1.55B structure as the $750M investment. The release does not say what the agency will buy or when.",
   "source": "https://www.war.gov/News/Releases/Release/Article/4581110/department-of-war-announces-a-750-million-investment-as-part-of-a-155-billion-i/",
   "project_location": "Brazil",
   "in_federal_total": true
  },
  {
   "id": "serra-verde-dfc",
   "level": "federal",
   "company": "Serra Verde",
   "agency": "US International Development Finance Corporation",
   "agency_group": "US International Development Finance Corporation",
   "instrument": "Senior secured loan with warrants for up to 12% of SVRE Holdings Ltd.",
   "type": "Loan",
   "amount_usd_millions": 565,
   "amount_label": "$565M",
   "date": "Feb 2026",
   "status": "Announced",
   "terms": "Warrants for up to 12% of the equity of SVRE Holdings Ltd.; what happened to them after the Sept 2026 acquisition is not stated",
   "detail": "To improve the Pela Ema mine, pay operating costs and refinance shareholder debt, before USA Rare Earth acquired Serra Verde. DFC's board approved the package on Dec 10, 2025 and published it on Feb 3, 2026; whether it has been drawn is not confirmed here.",
   "source": "https://www.dfc.gov/sites/default/files/media/documents/Board%20Notational%20Vote%20Notification_508.pdf",
   "project_location": "Brazil",
   "in_federal_total": true
  },
  {
   "id": "crml-exim",
   "level": "federal",
   "company": "Critical Metals Corp",
   "agency": "EXIM",
   "agency_group": "EXIM",
   "instrument": "Letter of interest for a 15-year term loan (Supply Chain Resiliency Initiative)",
   "type": "Loan",
   "amount_usd_millions": 120,
   "amount_label": "Up to $120M",
   "date": "Jun 16, 2025",
   "status": "Non-binding letter, expired Jun 14, 2026",
   "terms": "Non-binding; EXIM would consider financing up to $120M. Expired Jun 14, 2026; renewal application in progress (all company-reported)",
   "detail": "A preliminary indication for the Tanbreez rare earth project in Greenland, which Critical Metals Corp (Nasdaq: CRML) says would fund technical and economic studies, pre-production work and the start of mining. The company puts the capital cost of the project at $290M. It announced the letter on Jun 16, 2025. Its annual report signed on Sept 25, 2026 says the letter expired on Jun 14, 2026 and that an application for renewal is in progress, with no guarantee of renewal.",
   "source": "https://www.sec.gov/Archives/edgar/data/0001951089/000121390026103607/ea0302128-20f_critical.htm",
   "project_location": "Greenland",
   "in_federal_total": false
  },
  {
   "id": "mp-texas",
   "level": "state or local",
   "company": "MP Materials",
   "agency": "State of Texas, Denton County and the City of Northlake",
   "agency_group": "Texas",
   "instrument": "Incentive package for the 10X campus",
   "type": "",
   "amount_usd_millions": 200,
   "amount_label": "About $200M",
   "date": "Feb 2026",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "State and local package; not federal money.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "aclara-la",
   "level": "state or local",
   "company": "Aclara Resources",
   "agency": "State of Louisiana",
   "agency_group": "Louisiana",
   "instrument": "Incentive package including an 80% property tax exemption for 10 years",
   "type": "",
   "amount_usd_millions": 46.4,
   "amount_label": "$46.4M",
   "date": "Oct 2025",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "Final Industrial Tax Exemption Program approval in Jun 2026.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "vulcan-nc",
   "level": "state or local",
   "company": "Vulcan Elements",
   "agency": "State of North Carolina (Job Development Investment Grant)",
   "agency_group": "North Carolina",
   "instrument": "Grant over 12 years",
   "type": "",
   "amount_usd_millions": 17.58,
   "amount_label": "Up to $17.58M",
   "date": "Nov 2025",
   "status": "Conditional commitment",
   "terms": "",
   "detail": "Depends on job and investment targets.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "ucore-la",
   "level": "state or local",
   "company": "Ucore Rare Metals",
   "agency": "State of Louisiana and the Greater Alexandria Economic Development Authority",
   "agency_group": "Louisiana",
   "instrument": "Incentive package and local grants",
   "type": "",
   "amount_usd_millions": 15,
   "amount_label": "About $15M",
   "date": "2025",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "Company-reported.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "usar-tx",
   "level": "state or local",
   "company": "USA Rare Earth",
   "agency": "State of Texas (Semiconductor Innovation Fund)",
   "agency_group": "Texas",
   "instrument": "Grant for Round Top",
   "type": "",
   "amount_usd_millions": 14.2,
   "amount_label": "$14.2M",
   "date": "2026",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "State, not federal, funding.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "ramaco-wy",
   "level": "state or local",
   "company": "Ramaco Resources",
   "agency": "State of Wyoming",
   "agency_group": "Wyoming",
   "instrument": "Grant for the Brook Mine processing plant",
   "type": "",
   "amount_usd_millions": 6.1,
   "amount_label": "$6.1M",
   "date": "2025",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "State, not federal, funding.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "peabody-wy",
   "level": "state or local",
   "company": "Peabody",
   "agency": "Wyoming Energy Authority",
   "agency_group": "Wyoming",
   "instrument": "Energy matching funds for a pilot processing facility at Rawhide mine",
   "type": "",
   "amount_usd_millions": 6.25,
   "amount_label": "$6.25M",
   "date": "Feb 2026",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "Peabody told investors in Feb 2026 that it had recently been awarded the matching funds; part of $11.7M in state grants.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "elementusa-la",
   "level": "state or local",
   "company": "ElementUSA",
   "agency": "State of Louisiana (Louisiana Economic Development)",
   "agency_group": "Louisiana",
   "instrument": "Performance-based grant for utility and infrastructure improvements at Gramercy",
   "type": "",
   "amount_usd_millions": 6,
   "amount_label": "$6M",
   "date": "Dec 15, 2025",
   "status": "Conditional commitment",
   "terms": "",
   "detail": "Part of an incentive package for an $850M facility; the company is also expected to use the Quality Jobs and Industrial Tax Exemption programs. State, not federal, funding.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "rer-wy",
   "level": "state or local",
   "company": "Rare Element Resources",
   "agency": "Wyoming Energy Authority",
   "agency_group": "Wyoming",
   "instrument": "Grant for the Upton demonstration plant",
   "type": "",
   "amount_usd_millions": 4.4,
   "amount_label": "$4.4M",
   "date": "2022",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "State, not federal, funding.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "vulcan-leaf",
   "level": "state or local",
   "company": "Vulcan Elements",
   "agency": "Golden LEAF Foundation",
   "agency_group": "North Carolina",
   "instrument": "Grant to Johnston Community College for training",
   "type": "",
   "amount_usd_millions": 3.6,
   "amount_label": "$3.6M",
   "date": "2025",
   "status": "Closed or awarded",
   "terms": "",
   "detail": "Non-profit foundation, not government money; listed for completeness.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  },
  {
   "id": "bokan-aidea",
   "level": "state or local",
   "company": "Ucore Rare Metals (Bokan Mountain)",
   "agency": "Alaska Industrial Development and Export Authority",
   "agency_group": "Alaska",
   "instrument": "Authorized bond financing (SB 99)",
   "type": "",
   "amount_usd_millions": 145,
   "amount_label": "Up to $145M",
   "date": "2014",
   "status": "Non-binding letter",
   "terms": "",
   "detail": "An authorization, not an award; no draw is reported in the sources checked.",
   "source": "",
   "project_location": "United States",
   "in_federal_total": false
  }
 ]
}