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USA Rare Earth shares rose nearly 15% after the company agreed on Monday to acquire Brazilian rare earth miner Serra Verde in a cash and stock deal valued at approximately $2.8 billion, aiming to bolster its rare earth operations.

USA Rare Earth shares rose nearly 15% after the company agreed on Monday to acquire Brazilian rare earth miner Serra Verde in a cash and stock deal valued at approximately $2.8 billion, aiming to bolster its rare earth operations.