Pentagon invests $25 million into rare earths startup ReElement Technologies
The funds will buy equipment and expand production lines to recycle magnets and make rare earths, germanium and gallium for defense uses.
- On Monday, the Defense Department announced a $25 million investment in ReElement Technologies Corp., days after the rare earths startup withdrew from a separate $80 million loan process due to due diligence requirements.
- Reuters reported last Friday that ReElement stopped pursuing the $80 million loan, first announced last November, because the company struggled to satisfy federal due diligence requirements.
- Financed by the Defense Department's Industrial Base Fund, the $25 million investment will support equipment and installation at the company's Marion, Indiana, site to expand domestic recycling and refining capacity.
- Production at Marion will recycle magnets to produce rare earths, germanium, and gallium for use in fighter jets, missiles, and submarines, ensuring reliable access to critical materials for United States defense systems.
- Funding aligns with Trump's broader push to boost domestic critical mineral supplies and challenge China's dominance in the strategic supply chain, which the United States seeks to diversify.
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EDU to invest $25M in ReElement for rare-earth mineral work after company leaves loan program
The Pentagon's Economic Defense Unit is making a $25 million investment with critical mineral refinery ReElement Technologies Corp., according to an announcement today that comes days after the company reportedly removed itself from consideration for a department-backed loan worth $80 million. The $25 million EDU investment -- financed by the DOD industrial base policy office’s Industrial Base Fund -- would go toward strengthening domestic refin…
The U.S. Department of Defense said on Monday it would invest USD 25 million in Rare Earth Start-up ReElement Technologies, part of a broader push by the Trump administration to boost domestic supplies of... -On 13 July 2026 at 19:17 MarketScreener Deutschland
Pentagon invests $25 million into rare earths startup ReElement Technologies
DoW Invests $25 Million in ReElement Technologies
JULY 14, 2026 – The Department of War’s Economic Defense Unit (EDU) in partnership with the Office of the Under Secretary of War for Acquisition and Sustainment (OUSW(A&S)) today announced a $25 million investment with ReElement Technologies Corp. to expand domestic refining capacity for rare earth elements and other defense-critical minerals at the company’s Marion, Indiana facility. This investment will strengthen the U.S. industrial base by s…
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