USA Rare Earth stock slips after early jump on France-backed Lacq plant plan
USA Rare Earth shares fell 1.6% to $18.90 by midday Wednesday after jumping 12% earlier, following news France will back its new rare earth metals plant with tax credits. The company plans a 3,750-ton-per-year facility in Lacq, France, with government support covering up to 45% of equipment costs. Investors remain focused on funding, permits, and execution risks as the project moves forward.