other material
confidence high
sentiment positive
materiality 0.75
USA Rare Earth invests EUR 22.5M for 13.6% stake in Carester, secures rare earth oxide access
USA Rare Earth, Inc.
- USAR to invest EUR 22.5M (cash + stock) for ~13.6% of Carester; InfraVia invests EUR 22.5M for similar stake.
- Carester's Caremag facility in Lacq, France to start Q4 2026, producing NdPr, Dy, Tb oxides.
- USAR subsidiary LCM Europe to purchase portion of Carester's oxide output; USAR gains access to Carester's separation IP.
- Investment part of broader partnership to build integrated rare earth platform in Lacq, with French government support up to €130M.
- Completion expected Q3 2026, subject to conditions including Rhodia exit.