https://www.miningweekly.com
Glencore|Serra Verde|USA Rare Earth|Xstrata|Brazil|United States|Critical Minerals|Barbara Humpton|Michael Blitzer|Thras Moraitis
|||
glencore|serra-verde|usa-rare-earth|xstrata|brazil|united-states|critical-minerals|barbara-humpton|michael-blitzer|thras-moraitis

USA Rare Earth CEO Humpton to retire, Serra Verde's Moraitis to succeed

Rare earths ore

Rare earths ore

20th July 2026

By: Reuters

  

Font size: - +

USA Rare Earth said on Monday that Barbara Humpton will retire as CEO and board director effective October 1, with Serra Verde CEO Thras Moraitis set to succeed her.

Brazilian rare earths miner Serra Verde had in April agreed to combine with the US company, aiming to create a platform that would support the first fully integrated, Western mine-to-magnet supply chain.

Under Humpton's leadership, USA Rare Earth said it had secured landmark public-private partnerships and established a global footprint spanning critical processing, metals and magnet capabilities.

Moraitis has been CEO of Serra Verde since January 2023, during which the miner transformed into the only large-scale producer of the four critical magnetic rare earths outside of Asia, USA Rare Earth said.

Before joining Serra Verde, Moraitis served on the executive committee of mining firm Xstrata as it grew into a $65-billion company. Xstrata merged with Glencore in 2013.

Michael Blitzer, current chairperson of USA Rare Earth, has been elected executive chairperson, effective immediately, the company said.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Projects

An image of the Manganese chemical symbol
K.Hill manganese project, Botswana
Updated 2 hours 10 minutes ago By: Sheila Barradas
An image of rare-earth oxides
Louisiana Strategic Metals Complex, US
Updated 2 hours 10 minutes ago By: Sheila Barradas

Showroom

MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 
SABAT Batteries is a renowned brand in the battery industry, manufacturing a wide range of batteries at its state-of-the-art production facility in Gqeberha.
SABAT Batteries

SABAT Batteries is a renowned brand in the battery industry, manufacturing a wide range of batteries at its state-of-the-art production facility in...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
12th August 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.05 0.082s - 132pq - 2rq
Subscribe Now