USA Rare Earth to buy Brazil's Serra Verde for $2.8 billion to build supply outside Asia
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Source: CNBC
Published: 2026-04-20 22:01 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Latin America, China, Commodities, Asia Pacific
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Snippet:
USA Rare Earth has announced plans to buy Brazilian rare earths miner Serra Verde in a deal worth $2.8 billion in cash and shares, as it seeks to challenge China's dominance of the supply chain.
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