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USA Rare Earth Completes Serra Verde Acquisition After $300M Payment

USA Rare Earth logoUSA Rare Earth
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USA Rare Earth (USAR) completed its Serra Verde acquisition, paying $300 million in cash and issuing about 126.8 million common shares. The deal adds Brazil’s Pela Ema mine and other assets and includes contractual price floors tied to performance. Serra Verde started production in January 2024, is still optimizing, and targets 6,400 metric tons annually, after recording a $4.7 million gross loss and $39.8 million operating loss in the first half of 2026.

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