Caremag Rare Earths Recycling and Separation Plant

planned

Caremag is a cutting-edge magnet recycling and heavy rare earth separation plant located in Lacq, Southern France. It is Europe's first large-scale rare earths recycling facility and the largest western producer of purified heavy rare earths. The facility is scheduled for commissioning later in 2026 and will recycle 2,000 tons per year of magnets and refine 5,000 tons per year of mining concentrate. The project is supported by French and Japanese public entities and aims to provide a reliable European supply of rare earth oxides essential for electric vehicles, wind turbines, and other strategic industries.