USA Rare Earth (NASDAQ:USAR) plans to invest more than approximately EUR175 million in France through 2030, expanding its metal, alloy and magnet-making operations in the country. The planned investment builds on the company's existing French initiatives, which include a Less Common Metals (LCM) rare earth metal and alloy production facility at Lacq and a strategic investment in Carester SAS alongside InfraVia Capital Partners.
USA Rare Earth plans more than 175M euro investment in France
Source: Proactive Investors