What strategic growth approach is USA Rare Earth taking to reduce reliance on China in the rare earth supply chain?

USA Rare Earth is pursuing a dual-track growth strategy: inorganic growth through acquisitions—specifically targeting mining and magnet-making assets—while focusing on organic growth for rare earth processing, as there are few viable processing plants available for purchase outside China; this approach is designed to build domestic capability across the supply chain, from mining to magnet production.

How does the acquisition of Brazil’s Serra Verde Group strengthen USA Rare Earth’s operational footprint and leadership capacity?

The $2.8 billion acquisition adds an operating mine in Brazil to USA Rare Earth’s existing portfolio—which includes a Texas deposit, an Oklahoma processing plant, and a UK metal-making facility—and brings seasoned mining executives to its leadership team, including Thras Moraitis (incoming president and former Xstrata strategist) and Mick Davis (Serra Verde chairman and ex-CEO of Xstrata), who will join the board as a director.

USA Rare Earth Seeks More Deals, Growth to Break China’s Hold

Apr 20, 2026

USA Rare Earth announced a $2.8 billion acquisition of Brazil's Serra Verde Group to expand mining and magnet-making capabilities. The deal aims to reduce reliance on China and establish alternative Western supply chains for critical minerals used in EVs and military hardware.

bloomberg

2026-01-28

US Government Plans $1.6 Billion Investment in USA Rare Earth to Boost Domestic Supply Chain

2026-03-13

USA Rare Earth Appoints Dr. Thomas Caulfield to Board of Directors

2026-03-13

USA Rare Earth Adds Chip Leader As Mine To Magnet Plans Advance

2026-03-20

USA Rare Earth Tightens Grip on Round Top Deposit Amid Funding and Tech Shift Risks

2026-03-26

USA Rare Earth Starts Stillwater Magnet Line as Mine-to-Magnet Test