Deals and financing (4)

1. 2026-09-03 · Offtake · signed

   Carester → Lindian Resources · Stepnogorsk 8,000 tpa REO solvent-extraction facility

   Lindian and Carester agreed a binding offtake for 70% of mixed heavy rare earth output from a planned 8,000 t/y REO separation plant at Stepnogorsk, Kazakhstan, plus a technology and engineering services agreement for its feasibility study.

   official release

2. 2025-10-31 · Offtake · announced

   Carester → Torngat Metals Ltd. · Strange Lake rare earths project

   Torngat Metals and France's Carester agreed offtake and technology collaboration for rare earths from the Strange Lake project in Québec.

   official release

3. 2025-10-09 · Offtake · signed

   Carester (Caremag) → Brazilian Rare Earths · BRE rare earth separation plant (Bahia)

   Carester signed a binding ten-year agreement to buy heavy rare earth feedstock from Brazilian Rare Earths for its Caremag plant, supporting up to 150 t/y of dysprosium-terbium oxide, plus a partnership on BRE's separation plant.

   official release

4. 2025-03-17 · Equity investment · signed · EUR 110

   JOGMEC; Iwatani Corporation (Japan France Rare Earths) → Caremag SAS (Carester) · Caremag rare earth refining and recycling plant, Lacq

   JOGMEC and Iwatani committed up to EUR 110 million of equity and debt to Caremag's rare earth refining and magnet recycling plant at Lacq, France, in return for long-term supply of half its heavy rare earth output.

   official release