US Trading Company Metals RE, LLC v. Morzev Pty Ltd

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE

US TRADING COMPANY METALS § RE, LLC § No. 371, 2025 § Plaintiff-Below, § Court Below—Court of Appellant, § Chancery of the v. § State of Delaware, § USA RARE EARTH, LLC, § C.A. No. 2022-0665 MORZEV PTY LTD., § MORDECHAI GUTNICK ATF THE § MORZEV TRUST, MORDECHAI § GUTNICK, and PINI ALTHAUS, § § Defendants Below, § Appellee. §

Submitted: March 11, 2026 Decided: March 25, 2026

Before VALIHURA, LEGROW, and GRIFFITHS, Justices.

ORDER

Now this 25th day of March 2026, the Court having considered this matter on

the briefs and oral arguments of the parties and the record below, and having

concluded that the same should be affirmed on the basis of and for the reasons

assigned by the Court of Chancery in its Memorandum Opinion dated October 20,

2023; its Order dated December 8, 2023; its Memorandum Opinion dated April 22,

2024; and its Order dated May 10, 2024. NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of

Chancery is AFFIRMED.

BY THE COURT:

/s/ Karen L. Valihura Justice