v3.26.1
Mineral Properties, Plant and Equipment, Net - Schedule of Mineral Properties, Plant and Equipment, Net (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Property, Plant and Equipment [Line Items]    
Total mineral properties, plant and equipment $ 2,148,355 $ 1,358,227
Accumulated depreciation (57,599) (14,223)
Total mineral properties, plant and equipment, net 2,090,756 1,344,004
Thacker Pass - construction in progress [Member]    
Property, Plant and Equipment [Line Items]    
Total mineral properties, plant and equipment [1] 1,925,885 1,235,620
Thacker Pass - property, plant and equipment [Member]    
Property, Plant and Equipment [Line Items]    
Total mineral properties, plant and equipment 197,111 98,740
Machinery and Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Total mineral properties, plant and equipment 4,044 3,955
Finance Lease Right of Use Assets [Member]    
Property, Plant and Equipment [Line Items]    
Total mineral properties, plant and equipment $ 21,315 $ 19,912
[1] At June 30, 2026, included prepaid construction costs of $88.8 million (December 31, 2025 - $75.0 million) and deposits on long-lead equipment of $243.8 million (December 31, 2025 - $268.7 million), all related to Thacker Pass. In addition, amount included capitalized amounts for deferred interest on the Notes of $18.5 million (December 31, 2025 - $13.0 million), discount amortization of $15.9 million on the Notes and PPA (December 31, 2025 - $9.1 million), deferred interest on the DOE Loan of $18.3 million (December 31, 2025 - $2.3 million), and $3.4 million of interest on other loans (December 31, 2025 - $3.2 million).In