USA Rare Earth to acquire Brazilian Serra Verde for $2.8 billion
OKLAHOMA CITY: USA Rare Earth said Monday it has agreed to acquire Brazilian rare earths miner Serra Verde in a $2.8 billion cash-and-stock deal, a move aimed at reducing Western dependence on Chinese dominance of the global supply chain for critical minerals. The Oklahoma-based company will pay $300 million in cash and $126.9 million in…