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US Stocks Shed China Dependency! USA Rare Earth Spends $28 Billion to Acquire Brazilian Miner, Expanding Rare Earth Supply Chain
Juheng Network compiled by Duan Zhiheng, comprehensive foreign news.
2026-04-20 23:00
According to foreign media reports, USA Rare Earth (USAR-US) announced on Monday (20th) that it will acquire Brazilian rare earth miner Serra Verde for approximately $28 billion in cash and stock, expanding its supply sources outside Asia and challenging China’s dominance in the rare earth supply chain. The transaction is expected to be completed in the third quarter of 2026, pending regulatory approval and fulfillment of relevant closing conditions.
cover image of news article
Shedding China Dependency! USA Rare Earth Spends $28 Billion to Acquire Brazilian Miner, Expanding Rare Earth Supply Chain (Photo: REUTERS/TPG)
According to the statement, USA Rare Earth will pay $300 million in cash and issue approximately $1.269 billion in new shares as consideration. The company stated that this acquisition represents a crucial step in creating an integrated operation covering mining, processing, and magnet manufacturing. Serra Verde currently operates the Pela Ema mine in Brazil, which began commercial production in early 2024 and is projected to reach an annual production capacity of approximately 6,500 metric tons of rare earth oxides by 2027. Based on the news, the original stock value has been diluted, and it is estimated to retreat to around 18~19.
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