USA Rare Earth to acquire Brazil's Serra Verde for $2.8 bln

USA Rare Earth

20/04/2026 11:00

LONDON, April 20 (Reuters) - USA Rare Earth USAR.O will acquire Brazilian rare earths miner Serra Verde for $2.8 billion in cash and shares, the two companies said on Monday.

The U.S. company will pay $300 million in cash and 126.9 million newly issued shares of its stock for the transaction, which is expected to close in the third quarter of 2026, a statement said.

 (Reporting by Eric Onstad; Editing by Toby Chopra)

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