Brazil’s Only Rare Earth Mine Sold to Washington for US$2.8 Billion

Key Points — USA Rare Earth (Nasdaq: USAR) announced Monday it will acquire 100% of Serra Verde Group, owner of the Pela Ema mine in Goiás, for approximately US$2.8 billion — the largest rare earths M&A transaction ever in Latin America. — The deal is bundled with a 15-year, 100% offtake agreement with a Special […] The post Brazil’s Only Rare Earth Mine Sold to Washington for US$2.8 Billion appeared first on The Rio Times .

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