U.S. funds ReElement expansion, joins NSF critical consortium
Tap title to read story
Marion, Indiana — ReElement Technologies, a minority-held affiliate of American Resources Corp, this week received a $25 million award from the U.S. Department of War’s Industrial Base Fund to expand rare-earth and critical mineral refining capacity at its Marion campus, financing equipment, production-line installation and working capital to scale commercial output.
The company said the expanded facility will process primary and recycled feedstocks, including end-of-life permanent magnets, to produce rare earth oxides and critical minerals such as yttrium, gadolinium, germanium and gallium; ReElement was also named an industry collaborator in the NSF-backed Critical Materials Crossroads consortium eligible for up to $160 million over 10 years, linking the project to research and commercialization efforts.
Timeline
- 1. U.S. Department of War awards $25 million to ReElement through the Industrial Base Fund to expand Marion facility.
- 2. Funding designated for additional refining equipment, production-line installation, and working capital for commercial production.
- 3. ReElement commits to processing both primary ores and recycled feedstocks, including end-of-life permanent magnets.
- 4. ReElement named an industry collaborator in the NSF Critical Materials Crossroads consortium, led by University of Missouri–Kansas City.
- 5. Consortium eligibility allows up to $160 million over 10 years for research, workforce development, and commercialization of critical materials.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.































