USA Rare Earth buys into French processor Carester to secure supply chain
What's the deal? USA Rare Earth has entered definitive agreements to acquire a strategic minority stake in Carester SAS, a French specialist in rare earth processing and separation. The deal value was undisclosed.
Who else is in? InfraViaDealroom has a profile for this one. Try Dealroom →, acting through its Critical Metals FundDealroom has a profile for this one. Try Dealroom →, is taking a similar stake alongside USA Rare Earth. That fund was seeded by the French StateDealroom has a profile for this one. Try Dealroom → as an anchor investor, with private institutional capital on board.
What's the endgame? The agreements finalise a strategic investment and commercial framework the parties first announced in April 2026. USA Rare Earth and its subsidiary Less Common Metals EuropeDealroom has a profile for this one. Try Dealroom → can buy a portion of Carester's oxide output from its CaremagDealroom has a profile for this one. Try Dealroom → facility.
What each side gets: USA Rare Earth gains access to Carester's engineering capabilities and intellectual property for separation, processing, and recycling. In turn, Carester gains access to USA Rare Earth feedstock, including Serra VerdeDealroom has a profile for this one. Try Dealroom → and the Round Top deposit in Texas.
The signal: The deal ties US feedstock to European processing know-how, deepening a cross-Atlantic supply chain for materials critical to magnets, electronics, and clean-energy hardware. State-backed capital on both sides underlines how rare earth security has become a strategic priority.
Read more: global-recycling.info
Image credit: Generated with Gemini
