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USA Rare Earth to Invest $1.2B in South Carolina Magnet Plant

June 5, 2026 Clark Savage2604

Blacksburg, SC – USA Rare Earth (Nasdaq: USAR) has announced a $1.2 billion investment to build a major rare earth magnet manufacturing and refined metals facility in Cherokee County’s Bailey Industrial Park in Blacksburg, South Carolina. The project marks a significant milestone in the company’s effort to create a fully domestic “mine-to-magnet” supply chain and […]

USA Rare Earth to Acquire Serra Verde in $2.8 Billion Deal

April 20, 2026 Clark Savage3725

In a landmark move that could reshape the global rare earth supply chain, USA Rare Earth, Inc. (Nasdaq: USAR) has announced a definitive agreement to acquire Serra Verde Group, the owner of Brazil’s Pela Ema rare earth mine and processing plant, in a cash-and-stock transaction valued at approximately $2.8 billion. The deal, announced on April […]

Tag: USA Rare Earth

USA Rare Earth to Invest $1.2B in South Carolina Magnet Plant

USA Rare Earth to Acquire Serra Verde in $2.8 Billion Deal

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