Brazil probes USA Rare Earth's $2.8B deal for Serra Verde
Geopolitics · Mining.com ·
Brazil's antitrust watchdog Cade has opened an investigation into USA Rare Earth's proposed $2.8 billion acquisition of Serra Verde, the country's only rare earth producer. Authorities will assess whether the USAR-Serra Verde combination constitutes a "concentration act" under Brazilian competition law, posing a regulatory hurdle to America's critical minerals plans in Latin America's largest market.