USA Rare Earth to Acquire Serra Verde in $2.8 Billion Deal to Strengthen Critical Minerals Supply

USA Rare Earth announced it will acquire Brazilian rare earth miner Serra Verde in a $2.8 billion cash-and-stock deal, marking a significant step in building a Western supply chain for critical minerals. Deal Highlights Serra Verde operates a mine and processing plant in Goiás, Brazil, producing valuable rare earth materials. The acquisition is expected to make Serra Verde one of the largest sources of heavy rare earths outside China, potentially supplying about half of non-Chinese heavy rare earth production by 2027. USA Rare Earth shares jumped +8.3% in premarket trading, pushing the company’s valuation to approximately $4.4 billion. Why This Matters Rare earth elements are essential for electric vehicle magnets, renewable energy technologies, semiconductors, and advanced military system...