(LtoR) Minister Delegate for Industry Sebastien Martin, Caremag president Frederic Carencotte and Minister of Economy, Finance and Industrial, Energy and Digital Sovereignty Roland Lescure visit the site of the Caremag plant, belonging to Carester, a French company specializing in the extraction, processing and recycling of strategic minerals, particularly rare earth elements, in Lacq, south-western France, on May 5, 2026. (Photo by Gaizka IROZ / AFP via Getty Images)

Minister of Economy, Finance and Industrial, Energy and Digital Sovereignty Roland Lescure (C) delivers a speech next to Minister Delegate for Industry Sebastien Martin (L) and Caremag president Frederic Carencotte (R) during a visit the plant of Caremag, a subsidiary of Carester, a French company specializing in the extraction, processing and recycling of strategic minerals, particularly rare earth elements, in Lacq, south-western France, on May 5, 2026. (Photo by Gaizka IROZ / AFP via Getty Images)

Minister of Economy, Finance and Industrial, Energy and Digital Sovereignty Roland Lescure (C) and Minister Delegate for Industry Sebastien Martin (L) examine products derived from rare earths during a visit to the site of the Caremag plant, a subsidiary of Carester, a French company specializing in the extraction, processing and recycling of strategic minerals, particularly rare earth elements, in Lacq, south-western France, on May 5, 2026. (Photo by Gaizka IROZ / AFP via Getty Images)

Minister of Economy, Finance and Industrial, Energy and Digital Sovereignty Roland Lescure (C) and Minister Delegate for Industry Sebastien Martin (L) examine products derived from rare earths during a visit to the site of the Caremag plant, a subsidiary of Carester, a French company specializing in the extraction, processing and recycling of strategic minerals, particularly rare earth elements, in Lacq, south-western France, on May 5, 2026. (Photo by Gaizka IROZ / AFP via Getty Images)

(LtoR) Caremag president Frederic Carencotte, Minister Delegate for Industry Sebastien Martin and Minister of Economy, Finance and Industrial, Energy and Digital Sovereignty Roland Lescure visit the site of the Caremag plant, belonging to Carester, a French company specializing in the extraction, processing and recycling of strategic minerals, particularly rare earth elements, in Lacq, south-western France, on May 5, 2026. (Photo by Gaizka IROZ / AFP via Getty Images)

President of Caremag Frederic Carencotte delivers a speech during a visit to the site of the Caremag plant, belonging to Carester, a French company specializing in the extraction, processing and recycling of strategic minerals, particularly rare earth elements, in Lacq, south-western France, on May 5, 2026. (Photo by Gaizka IROZ / AFP via Getty Images)

Minister Delegate for Industry Sebastien Martin delivers a speech during a visit to the site of the Caremag plant, belonging to Carester, a French company specializing in the extraction, processing and recycling of strategic minerals, particularly rare earth elements, in Lacq, south-western France, on May 5, 2026. (Photo by Gaizka IROZ / AFP via Getty Images)

Minister of the Economy and Finance and Industrial, Energy and Digital Sovereignty,Roland Lescure delivers a speech during a visit to the site of the Caremag plant, belonging to Carester, a French company specializing in the extraction, processing and recycling of strategic minerals, particularly rare earth elements, in Lacq, south-western France, on May 5, 2026. (Photo by Gaizka IROZ / AFP via Getty Images)