USA Rare Earth Acquires Serra Verde for $2.8B, Boosting Rare Earth Oxide Capacity to 17,100 mt/Year

Published: Apr 27, 2026 15:19

Save

[SMM Rare Earth News Flash] USA Rare Earth agreed to acquire Brazil's Serra Verde Group for $2.8 billion. The deal includes $300 million in cash and stock. After the merger, original USA Rare Earth shareholders will hold 66% and Serra Verde shareholders 34%. Serra Verde owns the Pela Ema ionic clay mine, targeting annual production of 6,400 mt of rare earth oxides by the end of 2027 with plans to double that. It has signed a 15-year offtake agreement with a US government-funded agency, locking in lowest prices for praseodymium, neodymium, dysprosium, and terbium. This acquisition accelerates the company's mine-to-magnet integrated strategy, with combined rare earth oxide capacity reaching 17,100 mt/year after the merger.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

Copper, Molybdenum and Rare Earth Anomalies Discovered at the Gonneville Project in Western Australia

2 hours ago

Rare Earth Scrap Recycling Slows as Tax Compliance Tightens, Impacting Production Rates[SMM Analysis]

[SMM Analysis：Rare Earth Scrap Recycling Slows as Tax Compliance Tightens, Impacting Production Rates]Recently, multiple rare earth scrap recycling enterprises reported that operating rates may decline in June-July. Large enterprises, with a higher proportion of self-procurement, are seeing more significant production reductions; small and medium-sized enterprises, relying less on self-procurement and more on processing orders, are relatively less affected.

2 hours ago

Jun 7, 2026 22:41

Rare Earth Market Shows Divergence: Light and Heavy RE Prices Move in Opposite Directions

Jun 7, 2026 22:41