USA Rare Earth, Inc. stockholders approved the issuance of over 126.8 million new common shares. This approval satisfies a primary condition for the company's merger with Serra Verde Rare Earths Ltd.
The vote occurred during a special meeting on August 28, 2026. The transaction positions USA Rare Earth as a central player in the global rare earths sector.
The company will control the only commercial mine outside of Asia that produces all four essential magnetic rare earth elements.