USA Rare Earth

USA Rare Earth shares dropped about 5% even after completing a $1.55 billion capitalization for the Serra Verde acquisition, which includes a $750 million U.S. government commitment, a $500 million bank credit line commitment and a $300 million forward purchase contract. The funding satisfies a key merger closing condition ahead of an August 28 shareholder vote. Peer small-cap critical-minerals names fell harder (United States Antimony -9%, MP Materials -4%) while the REMX ETF fell only ~2%, suggesting size- and volatility-driven profit-taking rather than a fundamentals-driven repricing. Analysts' target prices for USAR remain well above current levels, and investors should watch the vote and remaining closing conditions as near-term catalysts. » Plus sur finance.yahoo.com

USA Rare Earth announced that a special purpose vehicle for the acquisition of the Serra Verde Group has closed financing agreements totaling $1.55 billion. The US Department of Defense is providing $750 million, a bank has provided a $500 million revolving credit facility, and the government signed a five-year offtake contract worth at least $300 million. The capitalization satisfies a closing condition for the merger; an extraordinary shareholders’ meeting is scheduled for August 28, 2026. Upon closing, USA Rare Earth will take over the Pela Ema mine in Goiás and expand operations in the US, the UK and Brazil. » Plus sur de.investing.com

USA Rare Earth has completed the merger with Texas Mineral Resources, making Texas a wholly owned subsidiary. Each outstanding Texas share was converted into the right to 0.043279843 common shares of USA Rare Earth; cash was paid for fractional shares. The stock is up 56% year to date in 2026 and the market capitalization is about $4.55 billion. The transaction was effected through an S-4 registration that became effective on June 29. In the second quarter the company missed revenue with $5.82 million, but met expectations on adjusted EPS (-$0.15); Cantor Fitzgerald reiterates an Overweight rating and a $40.00 price target, citing the mine-to-magnet strategy. » Plus sur de.investing.com