USA Rare Earth Completes CEO Transition with Focus on Integration
News related to:USA Rare Earth · 2 min read
STILLWATER, Okla., Oct. 01, 2026 /CourierPR/ -- USA Rare Earth, a company focused on rare earth, critical minerals, and advanced materials, has completed a significant leadership transition. Thras Moraitis, previously the President of USA Rare Earth, has taken on the role of CEO. Moraitis will now focus on integrating the company’s rare-earth businesses, strengthening execution, and reliably serving customers seeking secure supplies of critical materials.
The company has organized its operations into three business units: Upstream, Midstream, and Downstream. Moraitis will serve as head of the Upstream unit, while Chaitan Kansal and David Bushi will lead the Midstream and Downstream units, respectively. The company’s priorities include operational performance, customer delivery, capital discipline, and the continued development of a secure, Western-aligned rare-earth products supply chain.
USA Rare Earth is positioned across all key stages of the rare-earth supply chain, including Serra Verde’s mine and processing facility in Brazil, the Round Top heavy rare earth project in Texas, advanced processing and separation capabilities in Wheat Ridge, Colorado, Less Common Metals’ metals and alloys operations in the United Kingdom, and the company’s expanding magnet production in the United States. Pending the closing of its previously announced transaction, USA Rare Earth’s shareholding in Carester will provide access to world-class heavy rare-earth separation engineering capabilities and related intellectual property.
The company aims to be a preferred partner to governments and industrial customers seeking reliable, secure alternative supply chains. With increasing demand for rare-earth metals and magnets across energy, semiconductors, medical technology, defense, and mobility, USA Rare Earth is well-positioned to meet these needs.
The company’s priorities also include operational performance, customer delivery, capital discipline, and the continued development of a secure, Western-aligned rare-earth products supply chain.
USA Rare Earth’s operations are structured into three business units: Upstream, Midstream, and Downstream. Moraitis will serve as head of the Upstream unit, while Chaitan Kansal and David Bushi will lead the Midstream and Downstream units, respectively. The company’s priorities include operational performance, customer delivery, capital discipline, and the continued development of a secure, Western-aligned rare-earth products supply chain.
The company’s priorities also include operational performance, customer delivery, capital discipline, and the continued development of a secure, Western-aligned rare-earth products supply chain.
USA Rare Earth is positioned across all key stages of the rare-earth supply chain, including Serra Verde’s mine and processing facility in Brazil, the Round Top heavy rare earth project in Texas, advanced processing and separation capabilities in Wheat Ridge, Colorado, Less Common Metals’ metals and alloys operations in the United Kingdom, and the company’s expanding magnet production in the United States. Pending the closing of its previously announced transaction, USA Rare Earth’s shareholding in Carester will provide access to world-class heavy rare-earth separation engineering capabilities and related intellectual property.
The company aims to be a preferred partner to governments and industrial customers seeking reliable, secure alternative supply chains. With increasing demand for rare-earth metals and magnets across energy, semiconductors, medical technology, defense, and mobility, USA Rare Earth is well-positioned to meet these needs.