USA Rare Earth to Acquire Brazil's Serra Verde in $2.8 Billion Deal
USA Rare Earth (USAR) announced a $2.8 billion acquisition of Brazil's Serra Verde Group, combining $300 million in cash and 126.85 million shares. The deal is expected to expand USA Rare Earth's rare earths mining operations, though the stock fell 3.8% pre-market on Monday.
Tickers: $USAR
Topics: acquisition mining rare earths Serra Verde Group USA Rare Earth