The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Victoria approves Donald mine, which will deliver rare earth concentrates to Energy Fuels' White Mesa mill for processing. In a major step toward reducing Western dependence on China for rare earths vital to clean energy, technology, and defense, Energy Fuels and Astron Corporation have secured final approvals to build a rare earth and mineral sands mine in Australia. "We believe the Donald Project is exceptional, as it contains large quantities of the 'light', 'mid', and...
American tech and mining companies forge half-a-billion-dollar deal to produce rare earth magnets in the U.S. MP Materials has entered into a $500 million partnership with Apple to produce rare earth magnets made completely from recycled materials, which will add a circular component to the all-American mine-to-magnets supply chain it is building. "This collaboration deepens our vertical integration, strengthens supply chain resilience, and reinforces America's industrial... Full story
Calvary arrives to build and protect mine-to-magnets rare earth supply chain with MP Materials. In an unprecedented move to establish a domestic supply of the rare earths essential to the national security and economic well-being of the United States, the Pentagon has entered into a multi-billion-dollar partnership with MP Materials, owner and operator of the Mountain Pass rare earths mine in California's Mojave Desert. The deal begins with a $400 million investment that... Full story
Through a newly signed agreement, plans are underway to establish one of the largest rare earth oxide supply chains outside China – linking Pensana's high-grade Longonjo mine in Angola with ReElement Technologies' advanced refining capabilities in the United States. Positioned as a cornerstone of a geopolitically resilient supply chain, the partnership being forged under a memorandum of understanding (MOU) between the companies aims to provide allied industrial and defense s...
U.S. export bank eyes loan for Greenland rare earths development. The U.S. Export-Import Bank has expressed interest in providing up to $120 million in funding support for the development of the Tanbreez rare earths project in southern Greenland – signaling growing American urgency to secure reliable sources of the critical minerals needed for clean energy, advanced technology, and national defense. As the global race intensifies to secure the minerals and metals essential t...
Long mining history; REE potential, gains vocal support from DOI. With rare earths at the heart of today's tech and trade wars, the U.S. government has thrown its weight behind a long-dormant gold mine in California's Mojave Desert, raising hopes that the project could become a new domestic source of critical minerals, even as questions linger over what lies underground. U.S. Secretary of the Interior Doug Burgum has formally voiced support for Dateline Resources' Colosseum...
Energy Fuels ready to supply six of the seven REEs under new export controls. As U.S. policymakers scramble to counter China's newly imposed export restrictions on seven rare earths, Energy Fuels says it is poised to deliver a domestic supply of these elements critical to clean energy, high-tech energy, and national security within a year. Energy Fuels' White Mesa Mill in Utah has long been a secure and steady supplier of uranium for nuclear energy and vanadium for...
Private capital backs tech scale-up amid China's rare earth curbs. With new U.S. investment valuing the company at $150 million and fresh equipment headed to its Indiana facilities, ReElement Technologies Corp. is ramping up domestic refining of rare earth and defense-critical minerals at a time when tightening Chinese export restrictions are straining U.S. supply. Raised through a $20 million convertible note – a flexible investment that can turn into company shares later ...
MP Materials, Ma'aden team up to establish mines-to-magnets rare earths value chain in Middle East. American rare earths mining and magnetics company MP Materials Corp. has signed a deal with Saudi Arabian Mining Company (Ma'aden) to explore the creation of a fully integrated rare earths supply chain spanning North America and the Middle East. The memorandum of understanding, signed during the U.S.-Saudi Investment Forum 2025 in Riyadh, marks a significant step toward...
Private partners back Phoenix Tailings tech for critical rare earths. Backed by a fresh infusion of $33 million in strategic capital, Phoenix Tailings, Inc. is set to complete its new facility in New Hampshire that will produce up to 500 metric tons of rare earth metals per year, enough to meet the entire annual demand of the U.S. defense industrial base. Founded in 2018, Massachusetts-based Phoenix Tailings began as a materials recovery company focused on extracting iron,...
Funding from South Africa's Novare to expand refining and global ties. With $150 million in new capital catalyzed by South Africa's Novare Holdings (Pty) Ltd., ReElement Technologies Corp. is expanding rare earth refining at its Indiana site – strengthening its domestic processing footprint while advancing a technology partnership that could include future deployment in Africa. The first half of 2025 has seen ReElement Technologies advance a sweeping expansion of its c...
ReElement, Exigo to refine end-of-life magnets with U.S. tech in India. As part of a broader effort to develop secure critical mineral supply chains, American Resources Corp., through its subsidiary ReElement Technologies Corp., has partnered with India-based Exigo Battery Solutions Pvt. Ltd. to form a joint venture focused on recycling rare earth magnets from end-of-life products like electric vehicle motors, hard disk drives, wind turbines, and MRI machines. The new joint ve...
Pentagon backs Ucore with $18.4M to launch U.S. rare earths production by 2026. With the new injection of $18.4 million from the U.S. Department of Defense, Ucore Rare Metals Inc. is making the final push toward commercial production of rare earths at its Strategic Metals Complex (SMC) in Alexandria, Louisiana. "This U.S. DOD Louisiana SMC funding agreement is a critical step for Ucore's commercial advancements, but more importantly, for the progression of a Western rare... Full story
Cyclic Materials to establish first U.S. facility to reclaim rare earth magnets. With an investment of more than $20 million, Cyclic Materials Inc. is establishing its first commercial rare earth recycling facility in Mesa, Arizona, a state-of-the-art operation that will recover permanent magnets from end-of-life components and advance the development of a sustainable, domestic supply chain critical to clean energy and emerging technologies. Founded in 2021, Cyclic Materials i...
State-of-the-art R&D lab is preparing the company and its customers for commercial rare earth magnet production. In preparation for the commercial production of rare earth magnets needed for electric vehicles and countless high-tech devices and household goods, USA Rare Earth has opened an advanced Innovation Lab that allows it to rapidly prototype the neodymium-iron-boron (neo) magnets to be commercially produced at its plant in Stillwater, Oklahoma. The cutting-edge...
Energy Fuels, POSCO forge rare earths supply deal for EV motors. In a move to help decouple Western automakers from Chinese rare earth supply chains, U.S.-based Energy Fuels Inc. has partnered with South Korea's POSCO International to produce rare earth magnets and motors for electric vehicles and hybrids in the U.S., EU, Japan, and South Korea. "Today's agreement between Energy Fuels and POSCO International brings the U.S. and our allies in Europe, South Korea, and Japan one...
Energy Fuels and Chemours bolster rare earth, titanium, zirconium supply chains. Building on its newly announced partnership with POSCO International, Energy Fuels Inc. is now strengthening its alliance with The Chemours Company to secure the mining side of domestic critical minerals supply chains. "Energy Fuels and Chemours each have unique, complementary capabilities, which can be deployed to solve many of America's critical mineral supply chain challenges in rare earth elem...
Rare Element Resources receives $553 million loan offer from EXIM for Bear Lodge. As part of ongoing U.S. efforts to secure domestic supplies of critical minerals, the Export-Import Bank of the United States (EXIM) has invited Rare Element Resources Ltd. to apply for a $553 million loan to finalize permitting, engineering, and construction of its Bear Lodge Critical Minerals Project in northeastern Wyoming. "We appreciate this EXIM expression of interest and view it as further...
Rare earths mining and magnet company raises $50 million; begins trading on March 14. In a major inflection point on its quest to establish a domestic rare earths mines-to-magnets supply chain, USA Rare Earths Inc. has finalized a transaction that adds nearly $50 million to its coffers and elevates it to a public company with a ticker symbol on the Nasdaq. "The recent news on tariffs and rising global geopolitical tensions are a wake-up call for America – we must build a d... Full story
Company accelerates rare earth production in Indiana to meet U.S. needs. As demand for domestically refined rare earths grows, ReElement Technologies has announced an expansion of production at its Noblesville, Indiana, facility – scaling up its modular refining technology to strengthen the U.S. supply chain in a market long dominated by China. With momentum building from a string of recent milestones, including the launch of weekly rare earth oxide shipments, its entry i...
MP Materials begins commercial NdPr metal and early rare earth magnet production in the U.S. With the start of neodymium-praseodymium (NdPr) metal production at its Independence plant in Fort Worth, Texas, MP Materials has forged a critical link to an all-American mine-to-magnets rare earth supply chain that connects its Mountain Pass Mine in California to garages, homes, businesses, and industries across the United States. "This milestone marks a major step forward in...
Lifts suspension holding back development at Energy Fuels' Toliara critical minerals project. With approval from the Malagasy Council of Ministers, Energy Fuels, one of the largest uranium producers in the United States, is resuming its Toliara project in southwest Madagascar after a five-year suspension of development. "The lifting of the suspension by the Malagasy Government is a very significant step in the development of the Toliara rare earths, titanium, and zirconium...
Half the world's heavy rare earth production grinds to a halt amidst civil war. Myanmar's top exports have long been oil and natural gas, followed by fruits and vegetables, wood, fish, clothing, and rubber. Its main export partnerships are with China, India, Japan, South Korea, Germany, Indonesia and Hong Kong. Today, this small country has found itself to be an essential source of heavy rare earth elements (HREEs), vital ingredients for the magnets used in electric vehicles a...
Rare Element Resources receives federal authorization and funding to proceed with first-of-its-kind rare earth separation plant. Following a few months of slowed progress due to inflationary pressures pushing the costs to build its rare earths processing and separation demonstration plant above budget, Rare Element Resources Ltd. says the critical minerals facility being installed just outside of Upton, Wyoming, is on track to begin operations by the end of the year. Last...
Milestone event forges Saskatchewan's link in North America's rare earths supply chain. In a milestone event that firmly establishes Saskatchewan as a major link in North America's burgeoning rare earths supply chain, Saskatchewan Research Council (SRC) has poured the first rare earth metals at its processing facility in Saskatoon, Sask. "The Government of Saskatchewan is proud to support SRC's Rare Earth Processing Facility, making Saskatchewan the first and only...
