The Best Rare Earth Stock to Buy and Hold for the Next Decade
Idaho Strategic Resources (IDR) said it found significant heavy rare-earth mineralization, including yttrium, at its Diamond Creek project on July 23. The company, which also produces gold, reported Q1 revenue of $14.5 million (+98% YoY) and EPS of $0.40 (+233% YoY). In May it was selected for up to $1 million in DOE Critical Material Innovation grant funding.
How this was made

The 30-second read
Why it matters
For traders, the actionable takeaway is incremental REE optionality supported by a DOE program, but the text does not provide new rare-earth production milestones or financial guidance that would materially reprice near-term cash flows.
Market read
The article reiterates a longer-dated REE development thesis anchored by a July 23 heavy REE discovery and a May DOE grant, while stressing that rare-earths are not yet produced at scale.
What to watch
Execution risks are emphasized (single producing asset, processing bottlenecks, permitting, grade dilution), yet the article’s buy-and-hold thesis may underweight the time and cost to reach profitable separation/metallization.
Background
Idaho Strategic Resources is described as a profitable gold producer with identified rare-earth deposits in Idaho, now adding a reported heavy REE discovery at Diamond Creek.
Ticker impact
The article says Idaho Strategic discovered significant heavy rare-earth mineralization, including yttrium, at its Diamond Creek project on July 23.
Moderate upside bias for REE optionality, with volatility likely driven by gold cash-flow and execution risk at separation/metallization.
The text provides specific catalysts (July 23 REE discovery, May DOE Critical Material Innovation grant) but no new financial guidance or production ramp timeline for rare-earths.
Market effects
Highlights the US rare-earth value chain bottleneck around separation and low-emission processing, reinforcing investor focus on processing capability.
Emphasizes Idaho-based operations and hydroelectric power as a mitigation for fuel-cost volatility versus remote open-pit peers.
Supports the broader theme of reshoring critical minerals, but the article is company-specific and does not disclose new global supply-demand data.
Counterpoint
The REE discovery and grant may not translate into commercial rare-earth output soon, so the stock can remain primarily a gold proxy with REE upside as optionality.
Key entities
- companyIdaho Strategic Resources
US rare-earth and gold miner; reported heavy rare-earth mineralization discovery at Diamond Creek and selected for DOE Critical Material Innovation grant.
- government_programU.S. Department of Energy Critical Material Innovation program
Grant program funding early-stage extraction, separation, and low-emission manufacturing pathways for critical minerals in Idaho.
- research_partnerUniversity of Idaho
Partnered to gather representative mineral samples for downstream separation and potential metallization testing.
- research_partnerIdaho National Laboratory
Provides technical guidance for downstream separation and metallization testing.
- research_partnerIdaho Geological Survey
Supports technical work and sample characterization within the DOE-backed collaboration.

