What ReElement Technologies does

ReElement Technologies Corporation is a privately-held critical mineral refining company headquartered in Fishers, Indiana, that operates a modular, chromatography-based separation and purification platform — originally researched over four decades at Purdue University by Professor Linda Nien-hwa Wang and exclusively licensed from the Purdue Research Foundation — to produce ultra-high-purity (99.5% to 99.999%) rare earth oxides, battery-grade lithium carbonate and hydroxide, and transition metals (nickel, cobalt, manganese) from mineral ores, brines, recycled end-of-life magnets, lithium-ion battery black mass, and manufacturing byproducts. The company is a minority holding of American Resources Corporation (NASDAQ:AREC) and was deconsolidated from AREC in late 2025 in connection with AREC's strategic exit from metallurgical coal.

ReElement operates two Indiana production sites — the Noblesville Commercial Qualification Facility (~200+ tonnes/year after a 141% expansion) and the Marion Advanced Technology Center (>50,000 sq m, Phase 1 buildout targeting >16,000 MTPA across four production lines with first commercial output scheduled for Q3 2026) — together with the Kentucky Lithium and ReElement Africa subsidiaries. The platform uses resin-based chromatography columns deployable in shipping containers for on-site refining, claimed to deliver 75% less energy, 25% less water, zero wastewater discharge, and 70% lower carbon emissions than conventional solvent extraction, with predictive model-guided process design that flexes across feedstock types.

The company earns revenue through physical sales of separated rare earth oxides and battery materials to U.S./allied defense, magnet, EV, and semiconductor customers; a "Powered by ReElement" refining-as-a-service offering that embeds columns inside partner facilities; toll processing for recycled magnets and batteries (launched July 2025); and a 0.5% royalty payable to Royalty Management Holding on gross sales from certain newly developed patents. Major commercial anchors include a long-term supply agreement with Vulcan Elements, a $200M POSCO International JV for U.S. rare-earth-to-magnet production, and a strategic collaboration with Mitsubishi Materials for Japan recycling commercialization.

Name

ReElement Technologies

Legal name

ReElement Technologies Corporation

Website

https://reelementtech.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

ReElement Technologies operates a modular chromatography-based refining platform that produces ultra-high-purity rare earth oxides, battery-grade lithium, and critical minerals from ores and recycled feedstocks for U.S./allied defense, magnet, and EV customers.

Ownership category

akta.pro rank

Product category

Critical Minerals Refining

NAICS

Ground or Treated Mineral and Earth Manufacturing (327992)

SIC

Industrial Inorganic Chemicals (2810)

akta.pro primary industry

Rare Earths Separation & Refining (Oxides/Metals) (IMAKAFAH)

Keywords

• Rare earth refining
• Critical minerals processing
• Lithium purification
• Chromatographic separation
• Battery materials recovery

Headquarters

HQ city

Fishers

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Technology or R&D, Personnel, Infrastructure, Supply Chain

Revenue model

1. Refined rare earth and critical mineral product sales: Sale of ultra-high-purity separated rare earth oxides (neodymium, praseodymium, dysprosium, terbium, yttrium, gadolinium, samarium), lithium carbonate/hydroxide, transition metals (nickel, cobalt, manganese), germanium dioxide, gallium, antimony trisulfide/trioxide, and tungsten to defense, magnet, EV, AI/semiconductor, and advanced manufacturing customers. Trial shipments of 99.99%+ pure rare earth oxides already commenced to qualified commercial and defense partners.
2. Powered by ReElement refining-as-a-service: Recurring/contracted integration of ReElement's chromatography columns into partner mining and manufacturing sites for on-site target-element capture, purification, and waste-stream treatment; flow-sheet integration built to partner specifications.
3. Toll processing and urban-mining services: Toll processing fees for recycling end-of-life rare earth magnets and lithium-ion batteries; launched in July 2025 as a 'urban mining-to-magnet' rare earth supply chain offering toll processing for recycled rare earth magnets.
4. Intellectual property licensing royalties: Royalty Management Holding Corporation receives a 0.5% royalty on all gross sales of refined materials produced using newly developed patents funded under its IP development agreement with ReElement.
5. Strategic equity / pre-IPO capital raises: Pre-public-listing capital deployment (planned IPO in 2H 2026): $200M strategic equity facility from Transition Equity Partners, $20M equipment lease from Maxus Capital Group, $5M credit facility from Old National Bank; Mitsubishi Materials preferred-share investment.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels8 records

Core offering

ReElement Technologies develops a modular chromatographic separation and purification platform to refine rare earth oxides, lithium compounds (carbonate/hydroxide), and transition metals from mineral ores, brines, recycled end-of-life materials (e-waste, magnets), and battery black mass (LFP, NMC). The platform, exclusively licensed from Purdue Research Foundation, produces ultra-high-purity (99.9%-99.999%) technical-grade oxides, hydroxides, carbonates, and sulfates for defense, permanent magnet, EV, and semiconductor customers, with refining-as-a-service integration at partner sites.

Product overview

ReElement Technologies Corporation operates a modular, scalable, and deployable chromatographic separation and purification platform organized as a platform-plus-product-lines architecture with regional subsidiaries. The core underlying platform—based on Purdue University research—underpins two primary product lines: Light & Heavy Rare Earth Oxides (including Neodymium, Praseodymium, Dysprosium, Terbium, Yttrium, Gadolinium, Samarium, and Germanium) and Lithium & Transition Metals (lithium carbonate/hydroxide, nickel, cobalt, and manganese). These product lines are delivered through two production facilities: the Indiana Commercial Qualification Facility in Noblesville and the Marion Advanced Technology Center in Marion, Indiana. The Powered by ReElement offering extends the platform as a refining-as-a-service that integrates chromatography columns into partner facilities. Two geographic/specialty subsidiaries—ReElement Africa and Kentucky Lithium—extend the platform into African critical mineral-rich nations and Kentucky coal mining infrastructure repurposing, respectively. ReElement is a minority-affiliated holding of American Resources Corporation (NASDAQ: AREC), with technology originally patented by Purdue Research Foundation and exclusively licensed to ReElement for commercial development and global deployment.

Differentiator

Problem solved

Functional benefit

Brands

• Powered by ReElement: Refining-as-a-service industry solution that integrates ReElement's chromatography purification and separation columns directly into partner facilities to capture and purify targeted elements or waste streams.

Products and services

• Light & Heavy Rare Earth Oxides Separation and purification platform producing 99.95%+ rare earth oxides (including Neodymium, Praseodymium, Dysprosium, and Terbium) from mineral ore concentrates, recycled magnets, and magnet manufacturing waste for reintroduction to the global magnet supply chain serving automotive, defense, energy generation, and aerospace industries.
• Lithium & Transition Metals High-yield, high-purity, low-cost lithium carbonate, lithium hydroxide, and other transition metals (Nickel, Cobalt, Manganese) produced at 99.95%+ purity from spodumene ores, mineral brines, LFP (lithium-iron-phosphate) black mass, NMC black mass, and manufacturing byproducts. The platform is the only operational process capable of cost-effectively recovering lithium from LFP black mass.
• Powered by ReElement A refining-as-a-service industry solution that seamlessly integrates ReElement's purification and separation chromatography columns directly into partner facilities to capture and purify targeted elements or waste streams, replacing conventional hydrometallurgical refining technologies with smaller, faster, lower-cost infrastructure that uses 25% less water, 75% less energy, and zero harsh chemical discharge.
• Rare Earth Magnet Recycling Toll Processing Services Toll processing service for recycled rare earth magnets and lithium-ion batteries launched July 2025 as an 'urban mining-to-magnet' rare earth supply chain offering, processing end-of-life magnets and battery materials from electronics recyclers and ITAD firms at competitive prices.

Quantifiable outcome

• 99.5%+ purity and 95%+ yield recovery of rare earth elements
• +7 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature6 records

Partnerships

17 partnerships are on record, tiered core, minor and flagship.

• Krach Institute for Tech Diplomacy at PurduecoreStrategic or Co-development Partner · 25 June 2026ReElement joined the Krach Institute's Global Trusted Tech Network and was recognized with the 2025 Trusted Tech Leadership Award for advancing secure and sustainable critical mineral supply chains. The network includes companies focused on trusted and secure technologies among allied nations.
• NAATBatt InternationalminorStrategic or Co-development Partner · 25 June 2026Electrified Materials Corporation (EMCO, sister subsidiary of ReElement and American Resources Corp) joined NAATBatt International, a North American trade association focused on advanced battery technology development and manufacturing. EMCO leverages ReElement's refining platform for battery feedstock conditioning; the membership connects EMCO with battery industry leaders.
• POSCO InternationalflagshipStrategic or Co-development Partner · 21 May 2026Signed $200M joint venture in Washington, D.C. on May 21, 2026 ('Boiler Maker Project') to build the first integrated U.S. rare earth separation and permanent magnet production complex. POSCO International is majority shareholder with operational management responsibility; ReElement provides core separation and purification technology. Phase 1 (2028) targets 3,000 MTPA of separated rare earth oxides (Nd, Pr, Dy, Tb, Y) expanding to 6,000 MTPA by 2030; pilot production targeted Q4 2027. Builds on a prior October 2025 long-term offtake agreement and September 2025 MOU for integrated raw material-to-magnet production.
• Minerals Integrity & Resilience Alliance (MIRA), convened by Center for International Private Enterprise (CIPE)minorStrategic or Co-development Partner · 12 May 2026Joined May 2026 to support transparency, integrity, and resilience across critical mineral supply chains. Engagement focuses on responsible ownership, supply chain integrity, and investment readiness, complementing ReElement's refining-first strategy.
• Mitsubishi Materials CorporationflagshipStrategic or Co-development Partner · 31 March 2026Strategic collaboration and investment agreement signed March 31, 2026 in Tokyo (signing ceremony attended by Mitsubishi Materials CEO Tetsuya Tanaka and ReElement CFO Kirk Taylor). Mitsubishi acquired preferred shares in ReElement and signed MOUs for (1) offtake of separated rare earth oxides, (2) a feasibility study for a ReElement refining facility in Japan, and (3) Japan-U.S. collaboration on rare earth and rare metal recycling. Leverages ReElement's chromatography platform (99.5%+ purity, 95%+ yield) with Mitsubishi's 150+ years of materials experience and existing recycling infrastructure in Japan.
• Willcox International Holdings Inc.minorStrategic or Co-development Partner · 26 March 2026Partnership to process coal-based byproducts from Willcox's Wyoming County, West Virginia rare earth project into mixed rare earth carbonate (MREC) for downstream refining by ReElement into ultra-high-purity materials for defense and commercial applications. Willcox has consistently achieved concentrations exceeding ~500 ppm of rare earth and critical minerals in stored coal-based byproducts over three years of testing.
• SAGINT Inc.coreTechnology or Integration · 1 December 2025Tokenization Services Agreement (December 2025) to deploy blockchain-based tokenization for critical and rare earth minerals refined by ReElement. Together they minted the world's first utility token for critical minerals — for neodymium oxide refined at ReElement's Noblesville facility — on a private Sui Layer-1 blockchain. Tokens create verifiable digital warehouse receipts, end-to-end provenance from mine origin through refining, and DFARS-ready chain of custody. American Resources Corp (parent) also took a strategic equity position in SAGINT.
• ERI (Electronics Recyclers International)coreChannel Partner/ Reseller/ Distributor · 20 November 2025Strategic commercial processing agreement (November 2025) to aggregate and pre-process end-of-life magnet materials from ERI's California and Indiana facilities and ship to ReElement's Marion, Indiana facility for refinement into high-purity rare earth oxides. Establishes the first fully domestic circular supply chain for rare earth elements from electronics recycling. ReElement has already commenced trial shipments of 99.99%+ pure rare earth oxides to qualified commercial and defense partners.
• Vulcan ElementsflagshipStrategic or Co-development Partner · 4 November 2025$1.4B public-private partnership with Vulcan Elements and the U.S. Government to develop a 100% vertically integrated domestic rare earth magnet supply chain: $620M Pentagon Office of Strategic Capital conditional loan (with warrants), $50M Commerce Department CHIPS Act equity incentive, and $550M private capital. ReElement supplies rare earth oxides to Vulcan's 10,000-metric-ton/yr NdFeB magnet facility in Benson, North Carolina (announced Nov 18, 2025). Prior August 18, 2025 long-term supply agreement priced significantly below DoD's $110/kg NdPr floor.
• Purdue Research Foundation (Purdue University)flagshipTechnology or IntegrationOriginal patents for ReElement's chromatography-based refining technology are owned by Purdue Research Foundation and licensed exclusively to ReElement Technologies Corporation for commercial development and global deployment. Technology originated from over four decades of research by Professor Linda Nien-hwa Linda Wang of Purdue University; former Purdue Research Foundation President Dan Hasler called it 'the most important patent Purdue has ever produced'.
• American Resources Corporation (NASDAQ: AREC)flagshipStrategic or Co-development PartnerReElement is a minority holding (formerly a subsidiary, now deconsolidated) of American Resources Corporation, which provides strategic ownership interest, feedstock access from Kentucky and West Virginia coal byproduct assets, and a publicly listed NASDAQ platform (AREC) for investor exposure. AREC's wholly owned subsidiary Electrified Materials Corporation (EMCO) leverages ReElement's refining platform for battery feedstock conditioning, creating a vertically integrated circular supply chain. AREC also holds a strategic equity position in SAGINT.
• Principal MineralsminorStrategic or Co-development PartnerAlliance (August 2025) to build a leading U.S. rare earth midstream refining and processing platform, complementing ReElement's Marion facility with upstream and midstream capabilities.
• Impossible MetalsminorStrategic or Co-development PartnerAlliance (July 2025) to build U.S. rare earth supply chain from deep-sea mineral sources, with ReElement providing refining for seabed nodules. Impossible Metals webinar appearance by ReElement VP Shane Tragethon (August 2025).
• American Samoa Development AuthorityminorStrategic or Co-development PartnerPartnership (July 2025) to explore deep sea nodules as a feedstock source for ReElement's refining platform in the U.S. Pacific territories.
• EDP RenewablesminorStrategic or Co-development PartnerPartnership (announced March 2024) between American Resources Corp subsidiary and EDP Renewables for rare earth magnet recycling, applying ReElement's chromatography platform to wind turbine and renewable energy end-of-life materials.
• BlackionminorStrategic or Co-development PartnerStrategic collaboration (announced July 2025) with battery recycler Blackion and supply chain partner Electrified Materials (EMCO) for a domestic LFP (lithium-iron-phosphate) value chain for end-of-life batteries.
• Novare HoldingsminorStrategic or Co-development PartnerPartner with ReElement Africa CEO Ben Kincaid in a Limitless Africa podcast (February 9, 2026) discussing localized refining and manufacturing hubs in the DRC, Angola, and South Africa to keep critical mineral value on the African continent.

Scale indicators17 records

Recent moves11 records

Expansion highlights10 records

Direct peers

• MP Materials: U.S.-based rare earth miner and refiner operating the Mountain Pass mine and separation facility in California; the most direct U.S. competitor to ReElement in rare earth oxide production, targeting NdPr for the magnet supply chain and pursuing a downstream magnet business.
• Lynas Rare Earths: Largest non-China rare earth refiner globally, operating the Mt Weld mine in Australia and the Kalgoorlie and LAMP processing facilities; directly comparable separation and refining capability serving Japanese, U.S. and European magnet and defense customers.
• USA Rare Earth: U.S. company developing a vertically integrated rare earth mine-to-magnet supply chain including the Round Top deposit in Texas and a sintered NdFeB magnet manufacturing facility in Stillwater, Oklahoma; direct mine-to-magnet competitor aligned with U.S. defense and industrial base priorities.

Emerging players

• Energy Fuels: U.S. critical minerals processor that has pivoted from uranium into rare earth (monazite) processing at its White Mesa Mill in Utah; produces mixed rare earth carbonate and has partnered with companies like Vulcan Elements to enter the U.S. REE midstream.
• Vulcan Elements: U.S. manufacturer of sintered NdFeB permanent magnets and a direct offtake partner of ReElement; receives long-term rare-earth oxide supply from ReElement under a $1.4B public-private partnership, making it both an adjacent value-chain player and a key customer.
• Cyclic Materials: Canada-based rare earth and critical materials recycling company using its proprietary hydrometallurgical 'REEPure' and 'REEtec' processes; competes in the urban-mining and magnet-recycling channel that overlaps with ReElement's toll processing and ERI partnership.
• Ionic Rare Earths: Australia-listed rare earth refiner developing the Makuutu ionic adsorption clay project in Uganda and downstream separation/refining capability; comparable as a non-China, mid-stage REE refining platform targeting magnet-grade oxides.
• Mkango Resources: UK/Canada-listed developer of the Songwe Hill rare earth project in Malawi with downstream separation ambitions; a comparable emerging rare-earth refining platform focused on allied-nation supply and serving the same NdFeB magnet end market.

Broad incumbents

• NEO Performance Materials: Global rare earth and rare metals company producing magnetic materials, rare earth oxides, and rare metals; operates separation facilities in China and Estonia and supplies NdFeB alloy and magnet-grade materials to automotive and industrial customers worldwide.
• Iluka Resources: Australia-listed mineral sands and rare earths producer developing the Eneabba rare earth refinery in Western Australia; a larger, more diversified incumbent building a non-China, allied-nation rare earth refining footprint comparable in scope to ReElement's Marion facility.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/reelementtech
• YouTubeyoutube.com/@reelementtech
• Facebookfacebook.com/reelementtech
• LinkedInlinkedin.com/company/reelementtech
• Instagraminstagram.com/reelementtech

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds6 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ReElement Technologies