USA Rare Earth's US$2.8 billion purchase of Brazil's Serra Verde, the country's only producing rare earths mine, nears closing after a key shareholder
Brazil · MINING
Key Facts
—What happened USA Rare Earth agreed in April 2026 to buy Brazilian miner Serra Verde for about US$2.8 billion.
—How big Serra Verde operates Brazil’s only commercial rare earths mine, producing four key magnetic elements.
—Who pays The U.S. Department of War increased its backing by US$250 million to support the acquisition financing.
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Empresa dos EUA avança para comprar mineradora de terras raras | G1
Washington backs Brazil's Serra Verde mine in $1.55B rare-earth initiative
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EUA acrescentam R$ 1,2 bi, e compra de mineradora brasileira de terras raras deve sair nesta semana
The US and others turn to Brazil for rare earths, raising environmental concerns
