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USA Rare Earth to invest over €175M in France to expand rare earth operations by 2030

Market News
01 Jun 2026
Proactive Investors
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Bullish
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USA Rare Earth plans to invest more than €175 million in France by 2030 to expand its rare earth metal, alloy, and magnet production. This investment builds on existing French facilities and partnerships and is supported by French government incentives. The move aims to create over 300 jobs and strengthen the company's integrated rare earth supply chain across several countries. CEO Barbara Humpton highlighted France's industrial infrastructure and skilled workforce as key factors for this expansion.

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