USA Rare Earth is taking on China, with a $2.8 billion move into Brazil
USA Rare Earth acquires Brazil's Serra Verde, representing over half of non-China heavy rare-earth supply.
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usa rare earth is buying brazil's serra verde for $2.8 billion. the brazilian mine is seen as representing over half the world's heavy rare-earth element supply outside of china. the deal is a direct move to build a supply chain that doesn't rely on chinese production.
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