v3.26.1
Commitments
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments
15.
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 7, for each of the next five years.

 

2026

 

2027

 

2028

 

2029

 

2030

 

Thereafter

 

Long-lead equipment

 

$

9,487

 

$

868

 

$

5,212

 

$

5,212

 

$

5,212

 

$

9,555

 

Infrastructure

 

 

-

 

 

3,413

 

 

20,477

 

 

20,477

 

 

20,477

 

 

206,539

 

Service contracts

 

 

32,098

 

 

37,682

 

 

-

 

 

-

 

 

-

 

 

-

 

Other

 

 

-

 

 

5,150

 

 

1,175

 

 

-

 

 

-

 

 

-

 

Total

 

$

41,585

 

$

47,113

 

$

26,864

 

$

25,689

 

$

25,689

 

$

216,094