Secures One of the Industry’s Most Strategic Operations as the Only Scaled Producer of all Four Magnetic Rare Earth Elements Outside Asia, along

Barbara Humpton, USA Rare Earth CEO, and Thras Moraitis, Serra Verde Group CEO, join 'Squawk Box' to discuss USA Rare Earth's $2.8 billion deal to acquire Serra Verde, how the deal is being funded, future of rare earths production,

USA Rare Earth Inc. (NASDAQ:USAR) is one of the small-cap stocks that are on fire right now. On April 21, USA Rare Earth entered into a definitive agreement to acquire the Serra Verde Group for ~$2.8 billion to secure a diversified global supply chain for critical minerals.

One of the primary drivers behind the acquisition, backed by the U.S. government, is to disrupt the prevailing Chinese monopoly in rare earths. Will it actually work?

USA Rare Earth on Monday announced plans to buy Brazilian rare earths miner Serra Verde in a deal worth $2.8 billion in cash and shares.

USA Rare Earth to acquire Brazilian rare earths miner Serra Verde Group for $300M in cash and 126.85M common shares, implying an equity value of ~$2.8B.

The company’s Pela Ema operation in Goiás is being upgraded and now produces roughly 100 metric tons of rare earth oxides each year.

Up 2 hours ago That wraps up our initial coverage of USA Rare Earth’s Q1 results. Thank you for stopping by! Check out management’s earnings call at 5 PM EST for more updates. What Comes Next for USA Rare Earth After Tonight's Numbers 2 hours ago With