USA Rare Earth's French Facility Expansion to Boost Non-China Rare Earth Supply Chains

USA Rare Earth plans to build a metal and alloy production plant in France, strengthening European rare earth supply chains and ensuring stability for rare earth processing and production of metal and alloy. The French government has extended support to the project, including tax credits and skill development programs. The company has also inked a supply agreement with Solvay and Arnold Magnetic Technologies Corp. for reliable access to critical rare-earth materials for magnet manufacturers.