American Resources, POSCO form Joint Venture for US Rare Earth supply chain

Proactive

Updated Fri, May 22, 2026 astatine 10:28 AM CDT

American Resources Corp CEO Mark Jensen joined Steve Darling from Proactive to denote that its affiliated company, ReElement Technologies, has formed a associated task with POSCO International Corporation to make an integrated uncommon world constituent and imperishable magnet accumulation level successful the United States.

Jensen explained that the caller associated task represents an important milestone successful strengthening the semipermanent concern betwixt ReElement and POSCO International. The collaboration builds upon a commercialized offtake statement announced antecedently and further reinforces efforts to heighten U.S.–South Korea practice successful processing resilient proviso chains for captious minerals utilized crossed nationalist security, cleanable energy, and precocious exertion industries.

The companies mean to found a afloat integrated, closed-loop uncommon world ecosystem designed to enactment the afloat worth chain. This includes feedstock sourcing, separation, purification, refining, and imperishable magnet manufacturing operations wrong the United States. The inaugural is aimed astatine reducing dependence connected overseas proviso chains portion helping make home capableness for strategically important materials.

The concern combines ReElement’s proprietary chromatography-based separation and purification technologies with POSCO International’s extended concern infrastructure, manufacturing capabilities, and planetary commercialized relationships. ReElement’s refining level is designed to nutrient high-purity uncommon world oxides utilized crossed a wide scope of sectors including electrical vehicles, precocious manufacturing, defence technologies, and concern applications.

Management believes the operation of method expertise and planetary concern standard provides a beardown instauration for accelerating deployment and commercialization. The companies besides noted that POSCO International brings heavy relationships passim automotive and concern markets, complementing ReElement’s absorption connected precocious worldly subject and refining innovation.

The associated task is expected to enactment an estimated $200 cardinal concern to found a U.S.-based uncommon world refining and imperishable magnet manufacturing complex. Final tract enactment for the installation is presently underway.

Development is expected to hap successful phases, with archetypal plans targeting astir 3,000 metric tonnes per annum of separated uncommon world oxides during the archetypal phase, followed by enlargement plans that could summation accumulation capableness to astir 6,000 metric tonnes annually successful aboriginal stages.