USA Rare Earth will buy Brazil’s Serra Verde, which is seen as representing more than half the non-China heavy rare-earth element supply.

USA Rare Earth has agreed to acquire Serra Verde Group in a $2.8 billion deal, stepping up its rare-earth investment to ensure supply security amid continued U.S.-China geopolitical tensions.

USA Rare Earth has agreed to acquire the Serra Verde Group, a Brazilian mine and processing plant for heavy rare earths. Why it matters: The U.S. government announced plans to tak

Barbara Humpton, USA Rare Earth CEO, and Thras Moraitis, Serra Verde Group CEO, join 'Squawk Box' to discuss USA Rare Earth's $2.8 billion deal to acquire Serra Verde, how the deal is being funded, future of rare earths production,

USA Rare Earth Inc ( NASDAQ:USAR) stock is 13.4% higher to trade at $22.61, after the critical minerals company acquired Brazil's Serra Verde for $2.8 billion. The deal is expected to close in the third quarter of 2026,

USA Rare Earth to acquire Brazilian rare earths miner Serra Verde Group for $300M in cash and 126.85M common shares, implying an equity value of ~$2.8B.