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USA Rare Earth enters deal to buy stakes in Carester

USA Rare Earth enters deal to buy stakes in Carester

- USA Rare Earth USAR.O said on Thursday it has entered into definitive agreements to acquire minority stakes representing about 13.6% each in French rare earth processing firm Carester.

InfraVia, seeded by the French State as an anchor investor alongside private institutional capital, is also acquiring a similar stake in Carester alongside USA Rare Earth.


(Reporting by Dharna Bafna in Bengaluru; Editing by Devika Syamnath)

((Dharna.Bafna@thomsonreuters.com))

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