USA Rare Earth agrees to buy 13.6% stake in France’s Carester
USAR•USA Rare Earth to buy minority stake in Carester
USA Rare Earth entered definitive agreements to buy a 13.6% minority stake in France-based rare earth processor Carester.
InfraVia’s Critical Metals Fund agreed to acquire a similar 13.6% stake alongside USA Rare Earth.
Funding is expected in Q3 2026, subject to customary conditions; part of the proceeds will buy out minority shareholders.
Supply and output access tied to the Caremag facility
The deal gives USA Rare Earth and LCM Europe access to a portion of Carester’s oxide output from the Caremag facility starting late 2026.
Carester will gain access to feedstock from USA Rare Earth sources including Serra Verde and the Round Top deposit in Texas.
