USA Rare Earth Acquires Serra Verde Group in Rare-Earth Mining Deal
USA Rare Earth (NASDAQ: USAR) stock rose after announcing the acquisition of Serra Verde Group, a Brazilian rare-earth mining and processing company valued at $2.8 billion. The deal, to be funded with $300 million in cash and 126.8 million shares, is expected to close in Q3 2026, subject to regulatory approvals. The acquisition strengthens USA Rare Earth's position in the global rare-earth supply chain, which is critical for advanced technologies.
Tickers: $USAR
Topics: acquisition mining rare earth metals regulatory approvals stock price movement