USA Rare Earth will acquire Brazil’s Serra Verde for about US$2.8 billion, aiming at a non-Asia rare earth supply chain
USA Rare Earth has announced a definitive acquisition agreement with Brazil’s Serra Verde Group in a deal valued at about US$2.8 billion, paid in cash and stock. Three sources consistently confirm the transaction value, the target asset and its ability to supply magnetic rare earth elements, though they differ in how much they disclose about closing timing, financing details and certain deal terms.