ReElement Technologies Forges $1.4 Billion Partnership with U.S. Department of War and Vulcan Elements to Advance Fully Integrated Domestic Rare Earth Magnet Supply Chain

Core Insights - ReElement Technologies Corporation has announced a joint partnership worth $1.4 billion with the U.S. Department of War's Office of Strategic Capital to enhance its collaboration with Vulcan Elements [1] Company Overview - ReElement is recognized as a leading innovator in the refining of rare earth elements (REE) and critical minerals in the U.S. [1] - The partnership aims to develop a 100% vertically integrated domestic supply chain for rare earth magnets [1] Financial Aspects - The partnership involves significant funding of $1.4 billion, indicating strong financial backing for the initiative [1]