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USA Rare Earth acquires British metal and alloy producer

Shares jump on buy and rumours of White House talks

Isabeau van Halm
USA Rare Earth acquires British metal and alloy producer

Credits: USA Rare Earth

USA Rare Earth announced it is acquiring Less Common Metals (LCM), a British metal and alloys producer, for $100 million in cash and around 6.7 million shares. The total consideration would be valued...

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