ReElement Technologies

ReElement has entered into a tolling agreement for the production of ultra-pure Antimony(III) sulfide or Antimony(III) oxide. Stibnite ore will be delivered to ReElement's central Indiana facilities, where it will be refined to supply domestic defense and commercial industries. Initial tolling fees and revenues from these volumes are projected to exceed $29 million annually. ReElement has demonstrated the commercial viability of its antimony products and established itself as one of the only producers of Antimony(III) sulfide in the United States, following recent Chinese export restrictions.

We are expanding rare earth production at our Indiana facility while advancing a large-scale expansion at our Marion Advanced Technology Center. As part of this effort, we are transitioning certain pre-processing unit steps from Noblesville to our Marion commercial site. This move enhances support for current rare earth oxide production and frees up space for additional chromatography columns at our Noblesville facility. Full story in the press release:

[Newsletter] Welcome to Afrika Vantage, your insider's guide to investing and doing business on the African continent. Stay informed about the Lobito Corridor with our "Thoughts on the Corridor" section, and keep up with general business trends across Africa through "Africa Vantage." Included: 🎦 ReElement and Novare Announce $100 Million Africa Partnership 📰 Trump Team Has Wealth-Fund Ambitions for Small Lending Agency 📰 China’s Zijin Plans Lithium Production in Congo From Early 2026 🎦 Ilegal Mining in Africa Continues Unabated 📰 Don’t Fall for the Hype About China’s Critical Minerals Controls 📰 Battery Storage is Booming in Africa 📰 Global Investors Eye Nigeria’s Lithium Reserves 📰 Nigerian Fintech Raenest Raises $11 Million in Series A 📸 Remittance Startups Ride Africa’s Migration Wave 🎦 SA Minister Threatens USA To Block Mineral Exports Over Aid Cuts 📰 Africa’s Richest Nation to Raise $50 Million for Formula 1 Bid 📰 PE Firms Tap Nedbank to Find Buyer for Kenya Candy-Maker Stake ReElement Technologies Novare Holdings Read More: www.afrikavantage.com

ReElement begins rare earth shipments from its Indiana facility and begins site evaluation of African rare earth and critical element refining facility. Our feature on Argus Media found here:

Around-the-clock production of battery-grade lithium carbonate continues at our Indiana facility. Pictured here is our crystallizer unit, which processes battery-grade lithium carbonate solution from our chromatography columns, producing the final washed and dried lithium carbonate product — ready for shipment. Our Indiana facility is the first in the industry to simultaneously produce both #battery-grade #lithium and #magnet-grade rare earth oxides under one roof. Soon, these production lines will scale even further at our ReElement Marion Advanced Technology Center.

Proud to contribute to the development of Africa as a key hub for critical mineral refining with Novare Holdings. This initiative will not only strengthen the continent’s manufacturing base but also create the foundation for advanced industries to take root locally. As Derrick Roper wisely said, proximity to raw materials brings significant advantages, particularly in reducing logistical costs and environmental footprints. We are looking forward to breaking ground on the first mineral refining facility in the second half of 2025.

The ReElement team has begun weekly shipments of high-purity rare earth oxides. This includes the production of neodymium, praseodymium, and dysprosium for our growing customer base, which includes magnet manufacturers. Our efforts support the restoration of a mature rare earth and magnet supply chain to American soil after more than 40 years. Additionally, our expanding order book for 2026 is projected to represent an estimated $75 million to $100 million in revenue as we continue to scale our operations at the Marion Advanced Technology Center. We are proud to be at the forefront of catalyzing a robust, American-centered critical mineral supply chain by addressing the gap in viable, economically sustainable domestic refining.

Announcing our partnership with Africa-based investment holding company, Novare Holdings. This collaboration will develop critical mineral refining facilities across Africa with a planned initial investment by Novare of $100 million. Under the agreement ReElement will supply the African processing hubs with its innovative refining platform and technical experience with Novare providing the capital and project management expertise. As we expand and scale production across owned sites and partner facilities, our separation and purification technology will play a key role in reducing global dependence on foreign sources of critical raw materials such as #lithium, #rareearths, and defense-critical #metals while also fostering a true circular life-cycle solution.

This February, ReElement will be present at key industry events to share insights into its cutting-edge refining processes and discuss opportunities for strategic partnerships in feedstock supply and offtake agreements. Investing in African Mining Indaba, February 3-6, 2025, CTICC, Cape Town, South Africa: ReElement Africa CEO, Ben Kincaid, and VP of International Strategy, Shane Tragethon, will be attending Mining Indaba in February to discuss the urgent need for building critical mineral refining capacity across Africa. With a growing demand for rare earth elements and other strategic materials, ReElement is committed to partnering with local stakeholders to strengthen Africa’s refining infrastructure. NAATBatt International 2025: Extending Range, February 17-20, 2025, Orlando, Florida: ReElement Technologies’ Board of Directors member, Bob Galyen, will be attending the NAATBatt Annual Conference to discuss the critical need for advanced refining solutions for battery minerals. With extensive experience in the battery and energy storage industries, Bob will focus on ReElement’s role in ensuring a secure, reliable supply of critical minerals—such as lithium, cobalt, and nickel—that are essential for next-generation batteries. TWST Events MSDM Conference 2025, February 18-20, 2025, Tallahassee, Florida: ReElement Technologies’ CEO, Mark Jensen, will be speaking on a panel at the MDSM Conference, alongside Phoenix Tailings, to discuss the future of rare earth production in the United States. Mark will highlight ReElement’s capabilities in producing key rare earth oxides such as neodymium, praseodymium, dysprosium, and terbium—critical materials essential for the growing domestic magnet manufacturing industry. ReElement Technologies invites participants to explore collaboration opportunities and discuss the role these critical minerals play in advancing national security, technological innovation, and industrial leadership.

ReElement expands supply partnership to refine antimony-bearing ore for defense and commercial markets. Antimony(III) oxide and antimony(III) sulfide are the most commercially significant compounds of antimony and are found in various ore bodies. In 2023, the global antimony(III) oxide market was valued at approximately $852 million and is projected to grow at a CAGR of 4.9% through 2034, reaching an estimated $1.43 billion. We are proud to expand our existing partnership with a previously announced South African-based mineral supplier for the sourcing and refining / tolling of antimony-bearing ore to produce high-purity antimony(III) sulfide or antimony(III) oxide for defense and commercial applications.