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USA Rare Earth Completes Combination with Serra Verde Group
GlobeNewswire Inc.·
USA Rare Earth (Nasdaq: USAR) completed its combination with Serra Verde Group on September 3, 2026, creating one of the only fully integrated rare earth and permanent magnet platforms outside Asia. Serra Verde's Brazilian mining and processing operation is expected to reach approximately 4,000 tons per annum of rare earth oxide production by end of 2026, with Phase 2 expansion targeting 6,400 tpa. Industry veterans Sir Mick Davis and Thras Moraitis joined the board, with Moraitis set to become CEO on October 1, 2026.
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