USA Rare Earth Acquires Serra Verde Group for ~$2.8 Billion

USA Rare Earth has entered into a definitive agreement to acquire 100% of Serra Verde Group, owner of the Pela Ema rare earth mine and processing plant in Goiás, Brazil, for approximately $2.8 billion. The transaction consists of $300 million in cash and 126.849 million shares of newly issued USA Rare Earth common stock, and is expected to close in Q3 2026 subject to regulatory approvals and customary closing conditions.