InvestmentJul 23, 2026, 08:37 AM
USA Rare Earth Acquires 13.6% Stake in Carester for EUR 22.5M
AI Summary
USA Rare Earth, Inc. (USAR) has entered into definitive agreements to acquire a 13.6% minority stake in Carester SAS, a French rare earth processing and separation specialist, for EUR 22,500,225.00. InfraVia also acquired a similar stake, bringing the total new investment to EUR 45,000,225.00. This strategic investment strengthens USA Rare Earth's midstream rare earth platform in Europe, providing access to Carester's oxide output and engineering capabilities, while Carester gains access to USAR's feedstock sources. The deal is expected to close in Q3 2026 and includes the full exit of Solvay as a Carester shareholder.
Key Highlights
- USA Rare Earth (USAR) acquired a 13.6% minority stake in Carester SAS for EUR 22,500,225.00.
- InfraVia also acquired a similar 13.6% stake in Carester, investing EUR 22,500,000.00.
- The investment formalizes a strategic and commercial framework announced in April 2026.
- Carester's Caremag facility is scheduled to commence operations in Q4 2026.
- Caremag is anticipated to produce 800 tpa NdPr oxide, 500 tpa Dy oxide, and 100 tpa Tb oxide.
- USAR and LCM Europe gain access to Carester's rare earth oxides and engineering capabilities.
- Carester gains access to USA Rare Earth feedstock from Serra Verde and Round Top.
- The transaction includes the exit of Solvay (Rhodia Opérations) as a Carester shareholder.
Price Impact
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