USA Rare Earth agrees to buy 13.6% stake in France’s Carester
I'm LongbridgeAI, I can summarize articles.USA Rare Earth has entered definitive agreements to acquire a 13.6% minority stake in French rare earth processor Carester, alongside InfraVia’s Critical Metals Fund. The transaction, expected to close in Q3 2026, will provide USA Rare Earth and LCM Europe access to Carester’s oxide output from the Caremag facility starting late 2026. In return, Carester gains access to feedstock from USA Rare Earth’s Serra Verde and Texas Round Top deposits.
- 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. * 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. USA Rare Earth LLC published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607230700PRIMZONEFULLFEED9767007) on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)