Mergers & Acquisitions ·
USA Rare Earth completed its merger with Serra Verde Group on September 3, 2026, acquiring a fully integrated rare…
USARUSA Rare Earth, Inc.
USA Rare Earth completed its merger with Serra Verde Group on September 3, 2026, acquiring a fully integrated rare earths platform. The transaction consideration included $300 million in cash and 126,849,307 shares of USAR common stock. USA Rare Earth assumed SVRE’s Finance Agreement with the U.S. International Development Finance Corporation, providing up to $565 million in debt financing, including a $465 million initial tranche bearing interest at Term SOFR plus 4.0%. Key executives Thrasyvoulos Moraitis and Sir Michael Lawrence Davis joined the board; Moraitis will succeed Barbara Humpton as CEO on October 1, 2026, with an annual base salary of CHF 905,000. USA Rare Earth operates in the rare earth mining, processing, and permanent magnet manufacturing industry.