v3.25.2
Commitments
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments
14.
COMMITMENTS

The Company has entered into certain long-term purchase agreements related to long-lead equipment, infrastructure and services related to the construction of the processing plant as well as development and mining services at Thacker Pass. These commitments contain certain fixed and determinable cost components, as well as components that are variable based on time and materials. The following represents the fixed and determinable portion of the commitments, excluding lease components disclosed in Note 5, for each of the next five years.

 

 

2025

 

2026

 

2027

 

2028

 

2029

 

Thereafter

 

Long-lead equipment

 

$

25,499

 

$

-

 

$

-

 

$

-

 

$

-

 

$

-

 

Infrastructure

 

 

695

 

 

695

 

 

4,128

 

 

21,214

 

 

21,236

 

 

232,073

 

Service contracts

 

 

57,234

 

 

38,386

 

 

23,178

 

 

1,175

 

 

-

 

 

-

 

Total

 

$

83,428

 

$

39,081

 

$

27,306

 

$

22,389

 

$

21,236

 

$

232,073