USA Rare Earth to Acquire Serra Verde Group for $2.8 Billion to Strengthen Critical Mineral Supply Chain
USA Rare Earth (NASDAQ:USAR) has agreed to acquire Serra Verde Group for $2.8 billion, combining cash and shares, to secure a diversified supply chain for critical minerals. The deal includes the Pela Ema mine in Brazil and a 15-year offtake agreement with U.S. government-backed financing, aiming to boost production capacity and EBITDA by 2027.
Tickers: $USAR
Topics: acquisition rare earth minerals Serra Verde Group supply chain USA Rare Earth