rare earth technologies

What rare earth technologies does

Rare Earth Technologies, Inc. (RETi) is a privately held, pre-revenue industrial processor and refiner of Rare-Earth Elements (REE) headquartered in Cincinnati, Ohio. Founded in 2021 by CEO Adam Malofsky, President Steve Levin, CTO Dejene Kifle, and advisor Jeff Sullivan, the company was formed to address technical, economic, scale, and environmental challenges in refining and separating critical REE materials. Its core offering is a proprietary, commercially scalable refinement and separation system that uses unique column chemistry to dissolve mixed REEs in a mineral-acid-and-water solvent and to drive full separation in a single column pass, achieving up to 99.999% purity without toxic solvents or toxic waste, and with maintenance cycles of three or more years.

RETi operates as a concentrate processor rather than a miner, sourcing REE concentrates from mines or customer recycling facilities and selling the refined output as oxides or carbonates to industrial buyers in electronics, electric vehicles, batteries, defense, and lighting. The company does not currently license its process; revenue, when generated, is expected to come from direct B2B sale of refined REE materials under negotiated enterprise contracts. Equipment is supplied by YMC America at competitive capital cost, supporting the single-pass architecture.

The first U.S.-based refining facility is scheduled to launch in 2025 with capacity for more than 300 metric tons of material annually, scaling to more than 90,000 metric tons annually by 2028. The underlying separation technology is protected as a trade secret rather than via published patents, and no funding rounds, customer contracts, headcount totals, or revenue figures are disclosed in available sources.

Name

rare earth technologies

Legal name

Rare Earth Technologies, Inc.

Website

https://rareearth.tech

Company type

Private

Founded year

2021

Operating status

Operating

Short description

Rare Earth Technologies (RETi) is a Cincinnati-based, privately held industrial processor that refines and separates rare-earth element concentrates into high-purity oxides and carbonates for downstream manufacturers in electronics, EVs, batteries, and defense.

Ownership category

akta.pro rank

Product category

Rare Earth Materials Refining

SIC

Miscellaneous Chemical Products (2890), Special Industry Machinery, Nec (3559)

akta.pro primary industry

Rare Earths Mining & Concentrates (REE Ores) (IMAKAFAG)

Keywords

• Rare earth refining
• REE separation technology
• Critical minerals processing
• Rare earth oxides
• Concentrate processing

Headquarters

HQ city

Cincinnati

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. REE Refinement and Processing Services: RETi processes mine-derived REE concentrates (from mines or customer recycling facilities) and sells the refined output as oxides or carbonates to industrial buyers. Revenue is generated through the sale of highly purified rare earth materials.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Rare Earth Technologies, Inc. (RETi) is a concentrate processor and refiner of Rare-Earth Elements (REE). The company takes mine-derived REE concentrates (from mines or customer recycling facilities) and, using a proprietary column chemistry separation system, produces highly purified REE materials sold as oxides or carbonates to industrial buyers. RETi is not currently licensing its process but operates as a B2B refiner, with a first American-based refining facility planned for 2025.

Product overview

RETi offers a single unified proprietary system for the refinement and separation of Rare-Earth Elements (REE). The RETi Refinement and Separation System is a commercially scalable process that transforms mine-derived REE concentrates into high-purity oxides or carbonates. The system uses proprietary column chemistry to achieve up to 99.999% purity in a single column pass, employing environmentally safe solvents (mineral acid and water only) with no toxic waste. The company processes concentrates sourced from mines or customer recycling facilities and provides the resulting REE materials as oxides or carbonates.

Differentiator

Problem solved

Functional benefit

Products and services

• RETi Refinement and Separation System A proprietary, commercially scalable refinement and separation system for Rare-Earth Elements (REE) that dissolves mixed REEs into an environmentally safe solvent and uses proprietary column chemistry to achieve up to 99.999% REE separation in a single column pass. RETi operates the system to convert mine-derived or recycled REE concentrates into purified oxides or carbonates for industrial buyers in electronics, EVs, batteries, defense, and lighting. RETi is not currently licensing its process; it operates the system internally as a concentrate processor and refiner.
• Refined REE Oxides and Carbonates Highly purified Rare-Earth Element materials sold as oxides or carbonates, produced by RETi from mine-derived concentrates or customer recycling feedstocks. The output achieves up to 99.999% REE purity using RETi's proprietary single-pass column chemistry and environmentally safe (mineral acid and water only) solvents, with no toxic waste. Targeted at industrial buyers manufacturing smartphones, personal electronics, electric vehicles, batteries, planes, military equipment, and lighting.

Quantifiable outcome

• Up to 99.999% REE purity achieved
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Neo Performance Materials: Global rare-earth and rare-metal processor with operations in China, Europe, and North America, producing separated rare-earth oxides and magnetic materials. Directly comparable as a downstream REE refiner and oxide/metal producer serving automotive, electronics, and industrial customers.
• USA Rare Earth: U.S.-focused rare-earth company developing the Round Top heavy-REE deposit in Texas alongside downstream processing. Direct peer as a U.S.-domestic REE miner-refiner pursuing separated REE output for magnets, defense, and EV supply chains.
• MP Materials: Owner and operator of the Mountain Pass mine and processing facility in California — the only scaled U.S. rare-earth mining and refining operation. Directly comparable as a U.S.-based REE miner and refiner pursuing downstream separation, with overlapping customer base in magnets, EV, and defense.

Broad incumbents

• Iluka Resources: Australian mineral sands and rare-earth producer developing a fully integrated REE refinery at Eneabba. Comparable as an established mineral processor moving into dedicated REE separation and refining at scale.
• Lynas Rare Earths: Largest non-Chinese rare-earth miner and processor, operating the Mt Weld mine and Kalgoorlie processing facility in Australia. Comparable as an established Western REE refiner using solvent-extraction-based separation, though at significantly greater scale and with broader product portfolio.

Emerging players

• Texas Mineral Resources: U.S.-based company developing the Round Top heavy-REE project in partnership with USA Rare Earth. Comparable as a U.S.-domestic REE developer pursuing integrated mining and refining capabilities.
• Energy Fuels: U.S.-based critical minerals company that has expanded into rare-earth processing at its White Mesa Mill in Utah, producing mixed REE carbonate. Comparable as a U.S.-based REE processor pursuing domestic supply chain integration, though at earlier commercial stage with a different chemistry flow.
• Rare Element Resources: U.S.-focused developer of the Bear Lodge rare-earth project in Wyoming, with U.S. Department of Energy support for a separation and processing facility. Comparable as a U.S.-domestic REE miner-refiner pursuing separated rare-earth oxides for defense and clean energy.
• Ucore Rare Metals: Canada-based company developing the RapidSX™ solvent-extraction technology for REE separation. Comparable as an emerging REE-separation technology developer targeting Western supply-chain independence, though pre-commercial.

Regional players

• Shenghe Resources Holding: Major Chinese rare-earth processor and refiner with dominant share of Chinese REE separation capacity. Relevant comparable for refining technology and cost benchmarks, though operates in a different geography under different regulatory and cost environment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rare-earth-technologies-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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 rare earth technologies