ReElement Technologies Corporation, a rare earth and critical mineral refiner based in Indiana and a minority holding of American Resources has received a $25 million investment from the United States Department of War through its Economic Defense Unit and the Office of the Under Secretary of War for Acquisition and Sustainment. The funding comes from the Department’s Industrial Base Fund and is directed at expanding domestic refining capacity at ReElement’s Marion, Indiana Refining Campus.
The capital will be used to install additional refining equipment, commission new production lines, and provide working capital to accelerate commercial output of high-purity rare earth elements and other defense-critical minerals. The Marion facility will process both primary mineral concentrates and recycled feedstocks — including end-of-life permanent magnets and other strategic materials — to produce high-purity rare earth oxides and specialty critical minerals including yttrium, gadolinium, germanium, and gallium. End markets include advanced communications, aerospace, defense, semiconductors, and other strategic applications.
ReElement’s core technology is a proprietary chromatographic separation platform capable of purifying multiple critical materials to purities ranging from approximately 99.5% to 99.999%. The company describes its approach as a refining-first model, meaning its infrastructure is built to accept diverse feedstock types rather than being tied to a single mine or commodity source. That architecture allows production lines to be commissioned sequentially as customer demand develops, keeping capital deployment aligned with commercial growth and reducing upstream concentration risk — a meaningful structural difference from most conventional rare earth projects, which are typically organized around a single mining source.
Since commercializing its technology, ReElement has produced more than a dozen rare earth and critical mineral products, including germanium, yttrium, gadolinium, dysprosium, terbium, neodymium, praseodymium, lithium, and tungsten. Its Noblesville, Indiana Commercial Qualification Facility has validated those refining processes across multiple feedstocks and begun supplying initial commercial volumes into markets facing significant global supply constraints — constraints that have become a national security priority as the U.S. works to reduce dependence on Chinese rare earth refining capacity.
The Department of War investment follows earlier 2026 funding from Transition Equity Partners and a strategic investment from Mitsubishi Materials Corporation, reflecting a multi-stakeholder effort to build out ReElement’s commercial refining infrastructure.
KEY QUOTE:
“This investment reflects the growing importance of secure, domestic refining capacity to America’s national security and industrial resilience. We are excited to expand our partnership with the Department of War as we work together to strengthen America’s critical mineral supply chain. The speed at which the Department has moved to identify this strategic need and execute this investment has been truly impressive. This support accelerates our ability to deliver the high-purity rare earth and critical mineral products needed to strengthen our defense industrial base while reinforcing America’s long-term economic and national security.”
Mark Jensen, Chief Executive Officer, ReElement Technologies
